TNAG-1649-FCO40-2296-Hong-Kong-Commissioner-of-Banking-s-annual-report-for-1986--1987 — Page 98

57

Table 15

Analysis of Money Market Operation of Authorized Institutions

by Country/Region of Beneficial Ownership (Selected)

($ million)

1986

1985

Country/Region

Placement

Borrowing

Net lender/ (borrower)

Placement

Borrowing

Net lender/ (borrower)

China

94,140

40,523

53,617

63.905

34,946

28,959

Europe

259,692

243,078

16,614

195,279

207,569

(12,290)

United States

127,833

124,548

3,285

95,886

110,996

(15,110)

Japan

720,454

855,100

(134,646)

329,179

467,742

(138,563)