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Since September 1994, the amount of private sector debt securities held by the CMU has increased from HK$19.3 billion (US$2.5 billion) to HK$28.4 billion (US$3.6 billion).
Cedel is an International Central Securities Depositary which provides custody and settlement services for internationally traded debt and equity securities to nearly 3,000 customers worldwide.
Trades can be cleared and settled in over 64,000 securities in 25 currencies. At the end of October this year, Cedel posted a record level of deposits, and turnover for the year will be some US$7,000 billion. Cedel has been rapidly expanding its network of links across the world and currently provides access to 20 domestic markets.
End/Thursday, December 15, 1994
Unemployment and underemployment figures for August - October
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The seasonally adjusted unemployment rate for August October 1994 was 2.2%, and the underemployment rate was 1.3%, according to the latest labour force statistics released today (Thursday) by the Census and Statistics Department.
The provisional seasonally adjusted unemployment rate for the period of September November 1994 was 2.1%, while the provisional underemployment rate was 1.4%.
The latest figures suggest that the labour market remained generally tight in recent months.