ENG-1989 — Page 443

APPENDICES

APPENDIX 13

(Chapter 6: Financial and Monetary Affairs)

Money Supply

1987

HK$

Foreign currency

$ Million

As at end of year

1988

Foreign

1989 Foreign

Total

HK$ currency

Total

HK$

currency

Total

Legal tender coins and notes in circulation

Commercial bank issues (A)

26,926

26,926

31,826

31,826

37,286

37,286

The Hongkong and Shanghai Banking

Corporation Limited

22,504

22,504

26,734

26,734

31,264

31,264

Standard Chartered Bank

4,422

4,422

5,092

5,092

- 6,022

6,022

Government issues (B)

1,841

1,841

2,262

2,262

2,384

2,384

One thousand-dollar gold coins

372

372

372

372

372

372

Five-dollar coins

451

451

624

624

679

679

Two-dollar coins

368

368

493

493

522

522

One-dollar coins

337

337

417

417

433

433

Subsidiary coins

311

311

355

355

377

377

One-cent notes

1

1

1

1

1

Licensed banks' and deposit-taking companies" holdings of legal tender coins and notes (C)

4,002

4,002

4,210

4,210

5,478

5,478

Legal tender coins and notes in hands of

public (A+B-C)=(D)

24,764

24,764 29,877

29,877 34,192

34,192

Demand deposits with licensed banks (E)

49,061 8,076

57,138 49,381

9,577 58,958

50,992 9,675 60,666

Time deposits with licensed banks (F)

90,820

90,820 312,619

403,439 145,637

398,865 544,502

171,725 512,077 683,802

Negotiable certificates of deposit issued by banks (other than those held by banks and deposit- taking companies) (G)

Savings deposits with licensed banks (H)

Deposits with deposit-taking companies (I)

Negotiable certificates of deposit issued by deposit-taking companies (other than those held by banks and deposit-taking companies) (J)

Money supply

Definition 1 (D+E)

7,653 2,940

10,592

11,219

4,563 15,782

11,665

5,325 16,990

138,612 42,497 181,109 118,951

56,578 175,529 135,413 57,773 193,186

31,049 30,875 61,924

32,775 33,756 66,531

29,511 40,493 70,004

888 3,499 4,386

1,213

951 2,164

879

488 1,367

386

Definition 2 (D+E+F+G+H)

Definition 3 (D+E+F+G+H+I+J)

73,826 8,076 81,902

310,910 366,132 677,042

342,847 400,506 743,353

79,257 9,577 88,834 85,183 9,675 94,858

355,065 469,583 824,648 403,987 584,849 988,836

389,052 504,291 893,342 434,376

625,831 1,060,207