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MONDAY, SEPTEMBER 12, 1994
HONG KONG MONETARY AUTHORITY LAUNCHES MONTHLY STATISTICAL BULLETIN
THE HONG KONG MONETARY AUTHORITY (HKMA) LAUNCHES TODAY (MONDAY) THE MONTHLY STATISTICAL BULLETIN, PUBLISHING FOR THE FIRST TIME ON A REGULAR BASIS COMPREHENSIVE DATA ON HONG KONG'S MONETARY AND BANKING ACTIVITIES.
INCLUDED IN THIS FIRST ISSUE ARE STATISTICAL REPORTS SUMMARISING THE BORROWING AND LENDING ACTIVITIES UNDER THE LIQUIDITY ADJUSTMENT FACILITY AND THE AMOUNT OF WITHDRAWAL AND INJECTION BY EXCHANGE FUND IN THE INTERBANK MARKET.
THE
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THE BULLETIN ALSO DEVOTES A SECTION TO EXCHANGE FUND BILLS NOTES, PROVIDING DETAILED INFORMATION ON THEIR TOTAL OUTSTANDING, AVERAGE DAILY TURNOVER AND YIELDS.
MONEY MARKET, THE BULLETIN REVEALS THAT IN JUNE THIS YEAR THE AVERAGE DAILY TURNOVER OF THE HONG KONG DOLLAR INTERBANK MARKET AMOUNTED TO $113.8 BILLION, MARKING THE FIRST TIME SUCH DATA HAS BEEN RELEASED ON A REGULAR BASIS.
IN ADDITION, THE PUBLICATION PROVIDES A BREAKDOWN OF THE FOREIGN CURRENCY SPOT AND FORWARD POSITIONS OF AUTHORISED INSTITUTIONS BY U.S. DOLLAR, JAPANESE YEN, DEUTSCHE MARK AND OTHER FOREIGN CURRENCIES.
PRIOR ΤΟ THE PUBLICATION OF THE BULLETIN, THE HONG KONG'S MONETARY AND BANKING STATISTICS MOSTLY RELEASES AND GOVERNMENT PUBLICATIONS.
HKMA RELEASED THROUGH PRESS
THE BULLETIN REPRESENTS HKMA'S MAJOR ATTEMPT TO PROVIDE NEW AND MORE DETAILED FINANCIAL DATA TO THE PUBLIC IN A MORE SYSTEMATIC AND TIMELY MANNER.
It
*THE DEBUT OF THE MONTHLY
STATISTICAL BULLETIN UNDERSCORES HKMA'S CONTINUED EFFORTS TO PROVIDE AUTHORITATIVE AND TIMELY FINANCIAL INFORMATION TO THE PUBLIC AND ITS COMMITMENT то AN OPEN AND TRANSPARENT POLICY, A SPOKESMAN FOR HKMA SAID.
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FOR KONG.
"WE BELIEVE THAT THE BULLETIN WILL BE A USEFUL REFERENCE THOSE WHO ARE INTERESTED IN MONETARY AND BANKING MATTERS IN HONG
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THE BULLETIN IS PUBLISHED IN THE SECOND WEEK OF EACH MONTH. THE PUBLICATION, WHICH IS ON SALE AT THE GOVERNMENT PUBLICATIONS SALES CENTRE, CAN ALSO BE ORDERED FROM THE PRESS AND PUBLICATIONS SECTION OF THE HKMA.
NOTE TO EDITORS:
FREE COPIES OF THE BULLETIN ARE AVAILABLE TO THE PRESS AT HKMA'S RECEPTION ON THE 30TH FLOOR, 3 GARDEN ROAD.
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