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The Hong Kong Monetary Authority (HKMA) released today (October 14) key data on the balance sheet of the Exchange Fund at the end of September 2005, reporting an increase of HK$12.5 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$879.0 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$280.7 billion.
Claims on the private sector in Hong Kong amounted to HK$74.5 billion.
Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to HK$1.5 billion.
The balance sheet data 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 2006 is announced below:
Reference Month Release Date
January 2006 February 14 2006
February 2006 March 14 2006
March 2006 April 18 2006
April 2006 May 15 2006
May 2006 June 14 2006
June 2006 July 14 2006
July 2006 August 14 2006
August 2006 September 14 2006
September 2006 October 16 2006
October 2006 November 14 2006
November 2006 December 14 2006
December 2006 January 15 2007
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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 2005, the scheduled dates for issuing the press releases are as follows:
October 7 SDDS International Reserves (Hong Kong・s Latest
(Issued) Foreign Currency Reserve Assets Figures)
October 14 SDDS Analytical Accounts of the Central Bank (Exchange Fund Balance Sheet Data)
October 28 Exchange Fund Abridged Balance Sheet and Currency Board Account
October 31 SDDS Template on International Reserves and Foreign Currency Liquidity
For further enquiries, please contact:
Jasmin Fung, Manager (Press), at 2878 8246 or
Hing-Fung Wong, Resource Co-ordinator, at 2878 1802
Ends/Friday, October 14, 2005
Issued at HKT 16:34
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