XN000022-1995-12-22 — Page 9

(%)

Billion

RESIDENTIAL MORTGAGE LOANS IN HONG KONG (33 institutions)

Outstanding balance at end of month

Chart A

280

270

260

250+

240

230

220

210

200

190

180

Dec 92 Jun

Dec Jun Dec

■

Mar 93 Sep

I

A1

Jun

T

Mar 94 Sep Mar 95

Nov 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

1.81

1.6

1.4

1.2

-

0.0

0.6

0.4

0.2

0

-0.2 -0.4

Jan 93 Jun Mar 93

Dec

Jun Mar 94 Sep

Sep

Dec .Jun Mar 95

Nov

Sep

A2

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

35

(%)

30

25

20

15

10

5

0

Mar 93

Sep

Jun

Mar 94

Jun Dec

Mar 95 Sep

Jun Dec

Sep.

Nov

O 3-month + 12-month

A3