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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) released today (October 14) the key analytical accounts of the Exchange Fund at the end of September 2011, reporting a decrease of HK$45.8 billion in the foreign assets of the Exchange Fund during the month.
Foreign assets, representing the external assets of the Exchange Fund, amounted to HK$2,131.7 billion.
The Monetary Base, comprising Certificates of Indebtedness, Government issued currency notes and coins in circulation, the Aggregate Balance and Exchange Fund Bills and Notes issued, amounted to HK$1,061.8 billion.
Claims on the private sector in Hong Kong amounted to HK$130.9 billion.
Foreign liabilities, representing fees payable to the Exchange Fund's external managers, amounted to HK$0.3 billion.
The analytical accounts of the Exchange Fund are released in accordance with the International Monetary Fund's Special Data Dissemination Standard (SDDS) and are referred to as the Analytical Accounts of the Central Bank under SDDS (Annex).
Release calendar
The release calendar of the Analytical Accounts of the Central Bank for 2012 is announced below:
Reference Month Release Date
January 2012 February 14, 2012
February 2012 March 14, 2012
March 2012 April 13, 2012
April 2012 May 14, 2012
May 2012 June 14, 2012
June 2012 July 13, 2012
July 2012 August 14, 2012
August 2012 September 14, 2012
September 2012 October 12, 2012
October 2012 November 14, 2012
November 2012 December 14, 2012
December 2012 January 14, 2013
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At present, four press releases relating to the Exchange Fund's data are issued by the HKMA each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund's SDDS. The fourth press release, on the Exchange Fund's Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA's policy of maintaining a high level of transparency. For the month of October 2011, the scheduled dates for issuing the press releases are as follows:
October 7 (Issued)
SDDS International Reserves
(Hong Kong's Latest Foreign Currency Reserve Assets Figures)
October 14
SDDS Analytical Accounts of the Central Bank
(Analytical Accounts of the Exchange Fund)
October 31
Exchange Fund Abridged Balance Sheet and Currency Board Account
October 31
SDDS Template on International Reserves and Foreign Currency Liquidity
Ends/Friday, October 14, 2011
Issued at HKT 16:40
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