XN000022-1995-06-26 — Page 5

Billion

(%)

RESIDENTIAL MORTGAGE LOANS IN HONG KONG (33 institutions)

Chart A

260

250

240

230

Outstanding balance at end of month

210

200

100

180

Dec 92

Jun

Dec

Jun

bood

Dec May

A1

Mar 93 Sep Mar 94 Sep Mar 95

Remarks: The significant tall of outstanding balance in December 1994 was due to the

effect of reclassification, securitization and sale of loans by some institutions.

Monthly growth rate

2.8

2.6

2.4

2.2

2

1.8

1.6

1.4

1.2

1

0.8

0.6

0.4

0.2

-0.2

-0.4

Jan 93 Jun

Mar 93 Sep Mar 94

Dec

Jun

Dec

Sep

May Mar 95

A2

3-month and 12-month moving average growth rate on annualised.

35

30

25

20

15

10

0

Mar 93

Sep

Jun

Mar 94 Dec

Jun

Sep

D 3-month

+ 12-month

Mar 95 Dec

May

A3