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The Hong Kong Monetary Authority (HKMA) released today (October 16) key analytical accounts of the Exchange Fund at the end of September 2006, reporting an increase of HK$3.3 billion in the foreign assets of the Exchange Fund during the month.
Foreign assets, representing the external assets of the Exchange Fund, amounted to HK$957.7 billion.
The Monetary Base, comprising Certificates of Indebtedness, Government issued currency notes and coins in circulation, the Aggregate Balance of the banking system and Exchange Fund Bills and Notes issued, amounted to HK$293 billion.
Claims on the private sector in Hong Kong amounted to HK$58.6 billion.
Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to HK$1.8 billion.
The analytical accounts of the Exchange Fund are released in accordance with the International Monetary Fund’s Special Data Dissemination Standard (SDDS) and are referred to as the Analytical Accounts of the Central Bank under SDDS (Annex).
Release calendar
The release calendar of the Analytical Accounts of the Central Bank for 2007 is announced below:
Reference Month Release Date
January 2007 February 14 2007
February 2007 March 14 2007
March 2007 April 16 2007
April 2007 May 14 2007
May 2007 June 14 2007
June 2007 July 16 2007
July 2007 August 14 2007
August 2007 September 14 2007
September 2007 October 15 2007
October 2007 November 14 2007
November 2007 December 14 2007
December 2007 January 14 2008
For further enquiries, please contact:
Sara Yip, Manager (Press), at 2878 8246 or
Ying-ying Cheng, Manager (Press), at 2878 1687
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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 October 2006, the scheduled dates for issuing the press releases are as follows:
October 9 SDDS International Reserves
(Issued) (Hong Kong's Latest Foreign
Currency Reserve Assets Figures)
October 16 SDDS Analytical Accounts of
the Central Bank
(Analytical Accounts of
the Exchange Fund)
October 27 Exchange Fund Abridged Balance
Sheet and Currency Board Account
October 31 SDDS Template on International
Reserves and Foreign Currency
Liquidity
Ends/Monday, October 16, 2006
Issued at HKT 16:49
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