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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) released today (October 14) key analytical accounts of the Exchange Fund at the end of September 2010, reporting an increase of HK$46.7 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$1,997.8 billion.
The Monetary Base, comprising Certificates of Indebtedness, Government issued currency notes and coins in circulation, the Aggregate Balance and Exchange Fund Bills and Notes issued, amounted to HK$1,032.0 billion.
Claims on the private sector in Hong Kong amounted to HK$88.2 billion.
Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to HK$0.2 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
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The release calendar of the Analytical Accounts of the Central Bank for 2011 is announced below:
Reference Month Release Date
January 2011 February 14, 2011
February 2011 March 14, 2011
March 2011 April 14, 2011
April 2011 May 13, 2011
May 2011 June 14, 2011
June 2011 July 14, 2011
July 2011 August 12, 2011
August 2011 September 14, 2011
September 2011 October 14, 2011
October 2011 November 14, 2011
November 2011 December 14, 2011
December 2011 January 13, 2012
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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 2010, the scheduled dates for issuing the press releases are as follows:
October 7 (Issued)
SDDS International Reserves (Hong Kong's Latest Foreign Currency Reserve Assets Figures)
October 14
SDDS Analytical Accounts of the Central Bank (Analytical Accounts of the Exchange Fund)
October 29
Exchange Fund Abridged Balance Sheet and Currency Board Account
October 29
SDDS Template on International Reserves and Foreign Currency Liquidity
Ends/Thursday, October 14, 2010
Issued at HKT 18:09
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