25-23  Money Supply
			(100 million MOP (as at end of year))
Items	2001	2002	2003	2004	2005
Money Supply  (M1)	59.2	63.5	87.9	134.4r	127.9
Classification 1: MOP	35.2	39.3	48.7	62.9	68.5
HKD	23.3	23.6	35.3	67.5	54.0
Other Currencies	0.6	0.6	3.8	4.1	5.4
Classification 2: Currency in Circulation  (MOP)	19.0	20.5	23.6	27.7r	29.7
Demand Deposits	40.2	43.0	64.3	106.7	98.1
Money Supply (M2) ①	915.5	989.6	1110.9	1209.5	1356.6
Classification 1: MOP	261.1	275.4	296.7	313.7r	366.9
HKD	469.1	512.2	594.4	662.1	701.5
Other Currencies	185.4	201.9	219.8	233.6	288.3
Classification 2: Money Supply  (M1) ②	59.2	63.5	87.9	134.4r	127.9
Quasi-Monetary Liabilities (QML)③	856.3	926.1	1023.0	1075.1	1228.7
Savings Deposits	193.6	230.7	349.2	427.1	364.3
Notice Deposits	8.4	9.3	12.3	12.6	11.6
Time Deposits	654.3	686.0	661.5	635.4	852.8
Notes: Pataca (MOP) is the legal tender in the Macao Special Administrative Region, as stated in "The Basic Law of the Macao Special
Administrative Region of the People's Republic of China".
① M2 = M1 + Quasi-Monetary Liabilities (QML).
② Starting from January 2001, the definition of M1 has been revised. Saving Deposits are reclassified as component of the
Quasi-Monetary Liabilities (QML); while M1 includes only Currency in Circulation and Demand Deposits.
③ QML: Quasi-Monetary Liabilities, which consist of savings deposits, notice deposits, time deposits and certificate of deposits.