24-42  Money Supply
			(HKD 100 million, as at end of year)
Item	2000	2001	2002	2003	2004
Legal Tender Notes and Coins in Circulation
Commercial Bank Issues	992.65	1075.45	1184.75	1342.15	1467.75
Government Issues	61.70	59.43	61.43	65.50	66.04
Total	1054.35	1134.88	1246.18	1407.65	1533.79
Authorized Institutions' Holdings of
Legal Tender Notes and Coins	136.74	118.61	113.84	128.98	125.76
Legal Tender Notes and Coins in Hands of
Public	917.61	1016.27	1132.34	1278.67	1408.03
Money Supply: Adjusted for Foreign
Currency Swap Deposits
Money Supply M1
Hong Kong Dollar	2039.66	2298.41	2594.11	3547.52	4126.29
Foreign Currency	398.81	282.15	362.39	586.71	718.65
Total	2438.47	2580.56	2956.50	4134.23	4844.94
Money Supply M2
Hong Kong Dollar①	19879.63	19987.74	19840.49	21072.69	22085.91
Foreign Currency②	16615.29	15512.86	15342.77	17061.73	19581.16
Total	36494.92	35500.60	35183.26	38134.42	41667.06
Money Supply M3
Hong Kong Dollar①	20023.58	20166.35	20042.25	21228.61	22195.57
Foreign Currency②	16903.94	15774.95	15576.27	17351.83	19699.87
Total	36927.53	35941.30	35618.52	38580.44	41895.44
Money Supply: Unadjusted for Foreign
Currency Swap Deposits
Money Supply M2
Hong Kong Dollar	19836.37	19961.38	19821.42	21058.60	22075.17
Foreign Currency	16658.56	15539.23	15361.84	17075.82	19591.89
Total	36494.92	35500.60	35183.26	38134.42	41667.06
Money Supply M3
Hong Kong Dollar	19980.32	20139.98	20023.18	21214.52	22184.83
Foreign Currency	16947.21	15801.32	15595.34	17365.92	19710.61
Total	36927.53	35941.30	35618.52	38580.44	41895.44
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.