The Hong Kong Monetary Authority (HKMA) on Friday released key analytical accounts of the Exchange Fund at the end of February 2008, reporting an increase of HK$18.2bn in the foreign assets of the Exchange Fund during the month.
Foreign assets, representing the external assets of the Exchange Fund, amounted to HK$1,154.6bn.
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$331.3bn.
Claims on the private sector in Hong Kong, meanwhile, amounted to HK$117.6bn.
The Monetary Authority concluded by announcing that foreign liabilities, representing mainly obligations under repurchase agreements, amounted to HK$1.7bn.
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.
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