HONG KONG MONETARY AUTHORITY Annual Report 1996
NOTES ON THE ACCOUNTS*
5. CASH AND SHORT-TERM FUNDS
| 1996 HK$ million | 1995 HK$ million |
||||
|---|---|---|---|---|---|
| Cash and money at call and short notice |
4,152
|
12,090
|
|||
| Treasury bills |
112,177
|
82,953
|
|||
| Others |
10,319
|
5,300
|
|||
| Total | 126,648 | 100,343 | |||
|
|
|||||
| 1996 HK$ million | 1995 HK$ million |
||||
|---|---|---|---|---|---|
| Debt securities |
247,236
|
233,416
|
|||
| Equities |
23,439
|
17,085
|
|||
| Gold |
194
|
201
|
|||
| Total | 270,869 | 250,702 | |||
|
|
|||||
7. CURRENCY DISTRIBUTION OF ASSETS
The Exchange Fund holds Hong Kong dollar and foreign currency assets. A large proportion of the Fund's foreign currency assets is held in US dollars. Apart from the US dollar, the Fund also holds assets denominated in fully convertible foreign currencies.