Press Release: League Tables of Market Makers under the Exchange Fund Bill and Note Programme

League Tables of Market Makers under the Exchange Fund Bill and Note Programme

The Hong Kong Monetary Authority (HKMA) announced today (Friday) a new set of league tables of market makers (MMs) for the Exchange Fund Bills and Notes (EFBNs).

The league tables, one for Exchange Fund Bills (EFBs) and the other for Exchange Fund Notes (EFNs), list the ranking of the 12 MMs with the highest turnover in the respective markets over a six-month period between June 2007 and November 2007.

The league tables are prepared every six months and published in early June and December based on the turnover from 1 December to 31 May and from 1 June to 30 November respectively.

League Tables of MMs for EFBNs
(Based on turnover data from 1 June 2007 to 30 November 2007)

The Top 12 MMs for EFBs

1^st	HSBC
2^nd	Bank of China (Hong Kong) Limited
3^rd	DBS Bank (Hong Kong) Limited
4^th	Standard Chartered Bank (Hong Kong) Limited
5^th	Banc of America Securities Asia limited
6^th	Hang Seng Bank Limited
7^th	Citibank N.A
8^th	Fubon Bank (Hong Kong) Limited
9^th	Bank of East Asia Limited
10^th	Barclays Bank Plc
11^th	Royal Bank of Scotland Plc
12^th	Societe Generale

The Top 12 MMs for EFNs

1^st	HSBC
2^nd	Citibank N.A.
3^rd	DBS Bank (Hong Kong) Limited
4^th	Bank of China (Hong Kong) Limited
5^th	Fubon Bank (Hong Kong) Limited
6^th	Standard Chartered Bank (Hong Kong) Limited
7^th	Royal Bank of Scotland Plc
8^th	Barclays Bank Plc
9^th	UBS AG
10^th	Wing Lung Bank Limited
11^th	Banc of America Securities Asia limited
12^th	Societe Generale

For further enquiries, please contact:
Peggy Lo, Manager (Press), at 2878 1687 or
Hing-fung Wong, Officer (Press), at 2878 1802

Hong Kong Monetary Authority
7 December 2007