WEDNESDAY, DECEMBER 31, 1986
TOTAL HONG KONG DOLLAR DEPOSITS GREW BY 1.2 PER CENT AFTER INCREASES OF 1.9 PER CENT IN SEPTEMBER AND 2.2 PER CENT IN OCTOBER. OVER THE YEAR (THE 12 MONTHS TO THE END OF NOVEMBER), THESE GREW BY 13.1 PER CENT.
FOREIGN CURRENCY DEPOSITS GREW MORE SLOWLY IN NOVEMBER, BY 1.4 PER CENT AFTER INCREASES OF 2.4 PER CENT IN SEPTEMBER AND 2.7 PER CENT IN OCTOBER. OVER THE YEAR, THESE GREW BY 34.3 PER CENT. FOREIGN CURRENCY SWAP DEPOSITS DECREASED BY 2.0 PER CENT IN NOVEMBER. ADJUSTED TO INCLUDE THESE DEPOSITS, HONG KONG DOLLAR DEPOSITS GREW BY 0.8 PER CENT IN NOVEMBER AND BY 13.8 PER CENT OVER THE YEAR- ADJUSTED FOREIGN CURRENCY DEPOSITS GREW BY 1.8 PER CENT IN NOVEMBER AND BY 36.0 PER CENT OVER THE YEAR.
DEPOSITS (ALL CURRENCIES) WITH BANKS INCREASED BY 1.8 PER CENT
IN NOVEMBER WHILE THOSE WITH DEPOSIT-TAKING COMPANIES FELL DY 1.7 PER CENT. OVER THE YEAR, THE FORMER GREW BY 32.1 PER CENT WHILE THE LATTER FELL BY 11.3 PER CENT.
HONG KONG DOLLAR MONEY SUPPLY
HONG KONG DOLLAR MONEY SUPPLY M1 GREW AT A SLOWER PACE IN NOVEMBER, BY 2.0 PER CENT AFTER AN INCREASE OF 4.5 PER CENT IN OCTOBER. HK$M2 AND HK$M3 ALSO GREW MORE SLOWLY THAN IN THE PREVIOUS MONTH, BY 1.3 PER CENT AND 1.0 PER CENT RESPECTIVELY. OVER THE YEAR, HK$M1 GREW BY 17.6 PER CENT, HK$M2 BY 19.0 PER CENT AND HK$M3 BY 13.7 PER CENT.
TOTAL MONEY SUPPLY
TOTAL MONEY SUPPLY M1 INCREASED BY 2.6 PER CENT IN NOVEMBER, AFTER HAVING INCREASED BY 4.3 PER CENT IN OCTOBER, TOTAL M2 AND TOTAL M3 GREW BY 1.7 PER CENT AND 1.4 PER CENT RESPECTIVELY. OVER THE YEAR, TOTAL M1 INCREASED BY 18.5 PER CENT, TOTAL M2 BY 31.1 PER CENT AND TOTAL M3 BY 23.9 PER CENT.
LOANS AND ADVANCES
TOTAL LOANS AND ADVANCES EXTENDED BY BANKS AND DEPOSIT- TAKING COMPANIES INCREASED BY 0.1 PER CENT IN NOVEMBER AFTER A DECREASE OF 0.4 PER CENT IN OCTOBER. OVER THE YEAR, THEY GREW BY 10.8 PER CENT.
/LOANS DENOMINATED
E