| 23-37 Money Supply | |||||||||
| (HKD 100 million, as at end of year) | |||||||||
| Item | 1997 | 1998 | 1999 | 2000 | 2001 | ||||
| Legal Tender Notes and Coins in Circulation | |||||||||
| Commercial Bank Issues | 870.15 | 864.65 | 1181.95 | 992.65 | 1075.45 | ||||
| Government Issues | 56.51 | 60.30 | 60.29 | 61.70 | 59.43 | ||||
| Total | 926.66 | 924.95 | 1242.24 | 1054.35 | 1134.88 | ||||
| Authorized Institutions' Holdings of | |||||||||
| Legal Tender Notes and Coins | 120.77 | 113.21 | 247.05 | 136.74 | 118.61 | ||||
| Legal Tender Notes and Coins in Hands of | |||||||||
| Public | 805.89 | 811.74 | 995.19 | 917.61 | 1016.27 | ||||
| Money Supply: Adjusted for Foreign | |||||||||
| Currency Swap Deposits | |||||||||
| Money Supply definition 1 (M1) | |||||||||
| Hong Kong Dollar | 1881.35 | 1782.60 | 2053.39 | 2039.66 | 2299.98 | ||||
| Foreign Currency | 199.58 | 194.06 | 198.18 | 398.81 | 282.15 | ||||
| Total | 2080.93 | 1976.66 | 2251.56 | 2438.47 | 2582.14 | ||||
| Money Supply definition 2 (M2) | |||||||||
| Hong Kong Dollar① | 16524.73 | 18141.00 | 19109.72 | 19846.28 | 19950.75 | ||||
| Foreign Currency② | 10905.20 | 12519.89 | 14025.62 | 16196.21 | 15058.70 | ||||
| Total | 27429.93 | 30660.89 | 33135.34 | 36042.50 | 35009.45 | ||||
| Money Supply definition 3 (M3) | |||||||||
| Hong Kong Dollar① | 16703.79 | 18262.33 | 19229.62 | 19990.24 | 20129.36 | ||||
| Foreign Currency② | 11552.30 | 12961.12 | 14388.43 | 16484.86 | 15320.78 | ||||
| Total | 28256.09 | 31223.45 | 33618.05 | 36475.10 | 35450.15 | ||||
| Money Supply: Unadjusted for Foreign | |||||||||
| Currency Swap Deposits | |||||||||
| Money Supply definition 2 (M2) | |||||||||
| Hong Kong Dollar | 16101.41 | 17848.12 | 18826.30 | 19803.02 | 19924.39 | ||||
| Foreign Currency | 11328.52 | 12812.77 | 14309.04 | 16239.48 | 15085.06 | ||||
| Total | 27429.93 | 30660.89 | 33135.34 | 36042.50 | 35009.45 | ||||
| Money Supply definition 3 (M3) | |||||||||
| Hong Kong Dollar | 16280.47 | 17969.44 | 18946.20 | 19946.97 | 20102.99 | ||||
| Foreign Currency | 11975.62 | 13254.01 | 14671.85 | 16528.13 | 15347.15 | ||||
| Total | 28256.09 | 31223.45 | 33618.05 | 36475.10 | 35450.15 | ||||
| Notes: Hong Kong dollar is the legal tender in the Hong Kong Special Administrative Region, as stated in "The Basic Law of the Hong Kong Special | |||||||||
| Administrative Region of the People's Republic of China". Foreign currency refers to any currency other than the Hong Kong currency. | |||||||||
| Accordingly Chinese Renminbi is also treated as foreign currency. | |||||||||
| ①Figures are adjusted to include foreign currency swap deposits. | |||||||||
| ②Figures are adjusted to exclude foreign currency swap deposits. | |||||||||