57
Table 15
Analysis of Money Market Operation of Authorized Institutions
by Country/Region of Beneficial Ownership (Selected)
($ million)
1986
1985
Country/Region
Placement
Borrowing
Net lender/ (borrower)
Placement
Borrowing
Net lender/ (borrower)
China
94,140
40,523
53,617
63.905
34,946
28,959
Europe
259,692
243,078
16,614
195,279
207,569
(12,290)
United States
127,833
124,548
3,285
95,886
110,996
(15,110)
Japan
720,454
855,100
(134,646)
329,179
467,742
(138,563)