LIABILITIES
1973
£
HONG KONG EXCHANGE FUND
BALANCE SHEET AS AT 31ST DECEMBER 19773
1972
ASSETS
1972
1973
CERTIFICATES OF INDEBTEDNESS OUTSTANDING
MONEY AT CALL AND TREASURY BILLS
39,882,940.50
24,124,459.06
Hongkong & Shanghai Banking Corporation
$2,894,000,000 # 11.8275 to £1
244,683,999.15
199,573,512.90
FIXED BIOSITS
28,500,123.80
28,660,023.94
Chartered Bank
$461,568,450 @ 11.8275 to £1
39,025,022.20
283,709,021.35
RECEIPTS AND PAYMENTS ACCOUNT
DEPOSIT ACCOUNT
29,298,050.88
228,871,563.78
41,498,173.27
INVESTMENTS
163,025.440.72
217,585,254.05
231,408,505.02
270,369,737.05
RECEIPTS AND PAYMENTS ACCOUNT
52,506,960.44
206,444.11
Note
£283,915,465.46
£270,369,737.05
22 23 25 16 AR DE SUUR DE LA TENTO PARLAR DE
TAZEERA DES DELTA PATATEA DE JEUNG TE DE ES
Under the terms of a unilateral offer made by the British Governsent in a Declaration of 6th September 1973, the British Government undertake to maintain the sterling value, in terms of the United States dollar, of the sterling balances eligible for guarantee if, during the period 25th September 1973 to 31st March 1974, the average of the representative rate in London for sterling against the United States dollar is lower than $2.4213 * $1. The average for the period 25th September 1973 to end of December 1973 was $2.3847.
THE TREASURY,
HONG KONG
11th April, 1974.
£283,915,465.46
WE BASE ARE DE DAG TIL MELOR VAN BR
Dougles warblye
(D.W.A. Blye)
Member and Secretary
Hong Kong Exchange Fund Advisory Committee
£270,369,737.05
100 100 15 30 50 100 ve hat aber AL, DE 13 DE