The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority (HKMA) announced today (November 30) that the total assets of the Exchange Fund amounted to HK$4,627.3 billion as at October 31, 2021, HK$94.7 billion higher than that at the end of September 2021. Foreign currency assets increased by HK$91.2 billion and Hong Kong dollar assets increased by HK$3.5 billion.
      
     The rise in foreign currency assets was mainly due to the mark-to-market revaluation and an increase in the month-end balances of unsettled purchase of securities. The rise in Hong Kong dollar assets was mainly due to the mark-to-market revaluation on Hong Kong equities.
      
     The Currency Board Account shows that the Monetary Base at the end of October 2021 was HK$2,120.6 billion, increased by HK$2.8 billion, or 0.1 per cent, from the end of September 2021. The rise was mainly due to an increase in the outstanding amount of Certificates of Indebtedness.
      
     The amount of Backing Assets decreased by HK$1.2 billion, or 0.1 per cent, to HK$2,333.9 billion. The decrease was mainly attributable to the mark-to-market revaluation on investments, which was partly offset by the issuance of Certificates of Indebtedness. The backing ratio decreased from 110.26 per cent at the end of September 2021 to 110.06 per cent at the end of October 2021.
 
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     At present, four press releases relating to the Exchange Fund's data are issued by the HKMA each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund's Special Data Dissemination Standard (SDDS). The fourth press release, on the Exchange Fund's Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA's policy of maintaining a high level of transparency. For the month of November 2021, the scheduled dates for issuing the press releases are as follows:
 

November 5 (Issued)	SDDS International Reserves (Hong Kong's Latest Foreign Currency Reserve Assets Figures)
November 12 (Issued)	SDDS Analytical Accounts of the Central Bank (Analytical Accounts of the Exchange Fund)
November 30	SDDS Template on International Reserves and Foreign Currency Liquidity
November 30	Exchange Fund Abridged Balance Sheet and Currency Board Account

Ends/Tuesday, November 30, 2021
Issued at HKT 16:30

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