XN000022-1993-04-01 — Page 5

THURSDAY, APRIL 1, 1993

MONETARY STATISTICS FOR FEBRUARY 1993 * * * * * *

THE

IN

BY

THE

HONG KONG DOLLAR DEPOSITS WITH AUTHORISED INSTITUTIONS AND

DEFINITIONS

SUPPLY OF HONG KONG DOLLAR MONEY BROADER

INCREASED FEBRUARY, ACCORDING TO STATISTICS PUBLISHED TODAY (THURSDAY) HONG KONG MONETARY AUTHORITY.

HONG KONG DOLLAR LOANS AND ADVANCES ALSO INCREASED DURING

THE

MONTH.

LEGAL TENDER NOTES AND COINS

INFLUENCED

OF

TO THE BY THE HIGH COMPARISON BASE IN JANUARY DUE

THE NON-BANK CHINESE NEW YEAR, LEGAL TENDER NOTES AND COINS HELD BY PUBLIC DECREASED

INCREASES BY 10.5% IN FEBRUARY 1993, FOLLOWING IN 5.5% AND 17.2%

DECEMBER 1992 AND

1993 JANUARY

RESPECTIVELY. COMPARED WITH A YEAR EARLIER, THEY INCREASED BY 17.9%.

DEPOSITS

HONG KONG DOLLAR DEPOSITS WITH

ΤΟ

AUTHORISED

IN

INSTITUTIONS,

FEBRUARY

1993

1993

ADJUSTED

INCLUDE SWAP DEPOSITS, ROSE BY 1.2% FOLLOWING INCREASES OF 1.6% AND 1.3% IN DECEMBER 1992 AND JANUARY RESPECTIVELY.

4%

WHILE

AND

0.9%

BY

BY TIME DEPOSITS INCREASED

BY 4.6% SAVINGS DEPOSITS DECREASED RESPECTIVELY. YBAR-ON-YEAR, TOTAL HONG KONG DOLLAR DEPOSITS GREW

AMONG

THESE

DEPOSITS,

DEMAND

DEPOSITS

AND

17.5%.

3.8%

FOREIGN CURRENCY DEPOSITS WITH AUTHORISED INSTITUTIONS INCREASED BY 0.1% IN FEBRUARY 1993, AFTER INCREASES OF 0.5% AND IN DECEMBER 1992 AND JANUARY 1993 RESPECTIVELY.

WHILE YEAR-ON-

OF THESE DEPOSITS, U.S. DOLLAR DEPOSITS DECLINED BY 0.6% NON-U.S. DOLLAR FOREIGN CURRENCY DEPOSITS INCREASED BY 0.9%. YEAR, TOTAL FOREIGN CURRENCY DEPOSITS GREW BY 8.8%.

1993, FEBRUARY

LICENSED

BANKS

WITH DEPOSITS IN ALL CURRENCIES INCREASED BY 0.7% WHILE DEPOSITS WITH RESTRICTED LICENCE

0.5% RESPECTIVELY. DEPOSIT-TAKING COMPANIES DROPPED BY 2.6% AND

IN

BANKS AND

YEAR-ON-YEAR, DEPOSITS WITH LICENSED BANKS GREW BY 13.6% DEPOSITS WITH RESTRICTED LICENCE BANKS AND DEPOSIT-TAKING DECLINED BY 7.2% AND 17.2% RESPECTIVELY.

WHILE

COMPANIES

/MONEY SUPPLY