XN000022-1995-10-23 — Page 40

*

(%)

(%)

Billion

38

RESIDENTIAL MORTGAGE LOANS IN HONG KONG (33 institutions)

Outstanding balance at end of month

260

250

240

230

210

0000

A1

190

180

Dec 92

Jun Dec Jun Дес Jun

Mar 93 Sep Mar 94 Sep Mar 95

Sep

Remarks: The significant fall 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

Dec

Mar 93 Sep

Jun

Dec Jun Mar 94 Sep Mar 95

Sep

A2

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

35

30

25

201

15

10

5

Mar 93

Sep

Jun

Mar 94 Dec Jun

Sep

Mar 95

Sep

Сес

Jun

0 3-month + 12-month

Аз

Chart A

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