STERLING ASSETS OF HONG KONG
By classes of funds
Class of funds
Currency Board Holdings and Currency
Funds with Crown Agents
(a)
Special Funds with Crown Agents (a) (b)
General Funds with Crown Agents (a)(c)
Funds with U.K. Banks etc. (a)
£ millions
1
30th September 1969
189
7
40
189
Total funds
425
(a) Deposits, U.K. Treasury Bills, British Government and Government-guaranteed stocks, Commonwealth and South African Securities and investments in U.K. Local Authorities.
(b) Funds of Colonial Governments and other public bodies held under statute or earmarked for special purposes (e.g., sinking, savings banks, renewals and pension funds).
(c)
Other funds of Colonial Governments and other public bodies (e.g., general revenue balances and invested surplus and general purpose reserve funds).
(d) Deposits and U.K. Treasury Bills held for all residents of Hong Kong, British Government and Government- guaranteed stocks held for banks and central monetary institutions and deposits with U.K. Hire Purchase Finance Companies, net of sterling liabilities (including acceptances) of Hong Kong to the United Kingdom. Assets denominated in currencies of the overseas sterling area are excluded.
A
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