Exchange Fund foreign assets rose $22.7 billion in April to $1.21 trillion, the Monetary Authority says.

The Monetary Base, comprising Certificates of Indebtedness, Government issued currency notes and coins in circulation, the Aggregate Balance of the banking system and Exchange Fund Bills and Notes issued, amounted to $326.2 billion.

Claims on the private sector in Hong Kong stood at $68 billion. Foreign liabilities, representing mainly obligations under repurchase agreements, were $1.7 billion.