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APPENDICES
APPENDIX 14
(Chapter 6: Financial and Monetary Affairs)
Money Supply
$ Million
-
1991
HK$
Foreign currency
Total
HK$
As at end of year
1992 Foreign currency
1993
Total
Foreign HK$ currency
Total
Legal tender coins and notes in circulation
Commercial bank issues (A)
46,506
46,506
58,226
58,226 68,896
68,896
The Hongkong and Shanghai Banking
Corporation Limited
40,194
40,194
50,644
50,644
58,914
58,914
Standard Chartered Bank
6,312
6,312
7,582
7,582
9,982
9,982
-
Government issues (B)
2,671
2,671
2,931
2,931
2,978
2,978
One thousand-dollar gold coins
372
372
372
372
372
372
Ten-dollar coins
1
1
Five-dollar coins
790
790
866
866
873
873
Two-dollar coins
589
589
695
695
718
718
One-dollar coins
495
495
543
543
538
538
424
424
454
454
475
475
1
1
1
Subsidiary coins
One-cent notes
Authorised institutions' holdings of legal
tender coins and notes (C)
6,569
6,569
8,985
8,985
8,520
8,520
Legal tender coins and notes in hands of
public (A+B-C)=(D)
42,608
42,608
52,172
52,172
63,354
63,354
Demand deposits with licensed banks (E)
69,161
16,728
85,889
87,307 16,078 103,385 105,086 19,168 124,255
Time deposits with licensed banks (F)§
Negotiable certificates of deposit issued by licensed banks (other than those held by authorised institutions) (G)
281,979 629,512 911,491 (241,744) (669,747)
329,363 662,763 (270,673) (721,453)
992,126
455,834 673,573 1,129,408 (384,034) (745,373)
Savings deposits with licensed banks (H)
Deposits with restricted licence banks and deposit-taking companies (I)
13,006 3,944 16,950
229,287 84,764 314,052
13,357 3,859 17,216 16,399 6,173 22,572
244,792 109,085 353,878 281,744 140,538 422,282
23,734
39,440 63,174
22,592 31,125
53,718 15,576 31,001 46,578
Negotiable certificates of deposit issued by
restricted licence banks and
deposit-taking companies (other than those held by authorised institutions) (J)
341
2,837 3,178
692 1,078 1,770
1,498 10,617 12,115
Money supply
Definition 1 (D+E)
Definition 2 (D+E+F+G+H)§
111,769
16,728 128,497
636,042 734,948 1,370,990 (595,808) (775,182)
Definition 3 (D+E+F+G+H+I+J)§
660,117 777,225 1,437,342 (619,882) (817,460)
139,479 16,078 155,557
726,992 791,785 1,518,777 (668,302) (850,475)
750,276 823,989 1,574,265 (691,586) (882,679)
168,440 19,168 187,608
922,417 839,452 1,761,870 (850,618) (911,252)
939,491 881,071 1,820,562 (867,692) (952,871)
Note: § Adjusted for foreign currency swap deposits. Unadjusted figures are shown in brackets. Foreign currency swap deposits are deposits involving customers buying foreign currencies in the spot market and placing them as deposits with authorised institutions, while at the same time entering into a forward contract to sell such foreign currencies (principal plus interest) upon maturity of such deposits. For most analytical purposes, they should be regarded as Hong Kong dollar deposits.