The Exchange Fund's total assets stood at $1.253 trillion in April, up $30 billion on March, the Monetary Authority says.
The month saw foreign-currency assets rise $15.1 billion and Hong Kong dollar assets grow by $14.9 billion.
The surge in foreign-currency assets was due mainly to valuation gains on foreign-currency investments and interest and dividend income from foreign-currency assets.
The rise in Hong Kong dollar assets was due mainly to valuation gains of Hong Kong equities held by the Exchange Fund, placements received from fiscal reserves and a rise in Exchange Fund Bills and Notes issued but not yet settled.
The Monetary Base fell $900 million, or 0.3%, to $298.2 billion. The fall was due mainly to a decrease in Certificates of Indebtedness.
Backing Assets grew $800 million, or 0.2%, to $332.6 billion. The rise was attributable mainly to interest from investments and revaluation gains, which were partly offset by the redemption of Certificates of Indebtedness in the Monetary Base. Reflecting this, the backing ratio rose to 111.53% from 110.93%.
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