23-43 Money Supply
(HKD 100 million, as at end of year)
Item 2005 2006 2007 2008 2009
           
  Legal Tender Notes and Coins in Circulation
      Commercial Bank Issues 1492.95 1573.85 1634.35 1772.25 2001.85
      Government Issues 69.64 71.15 78.00 85.72 87.30
      Total 1562.59 1645.00 1712.35 1857.97 2089.15
  Authorized Institutions’ Holdings of
     Legal Tender Notes and Coins 139.52 142.69 132.22 153.17 145.96
  Legal Tender Notes and Coins in Hands of
     Public 1423.07 1502.31 1580.13 1704.80 1943.19
  Money Supply : Adjusted for Foreign
     Currency Swap Deposits
        Money Supply M1
              Hong Kong Dollar 3482.48 3879.09 4543.42 4911.15 6712.41
              Foreign Currency 864.37 1037.39 1623.66 1547.18 2305.78
              Total 4346.84 4916.48 6167.09 6458.33 9018.19
        Money Supply M2
              Hong Kong Dollar① 23296.69 27776.79 32810.17 32398.57 35877.17
              Foreign Currency② 20493.88 22766.53 28253.31 30282.01* 30145.93
              Total 43790.57 50543.32 61063.48 62680.58* 66023.10
        Money Supply M3
              Hong Kong Dollar① 23458.38 27955.45 33005.00 32613.06 36048.43
              Foreign Currency② 20613.51 22941.96 28392.58 30394.45* 30220.01
              Total 44071.88 50897.41 61397.58 63007.51* 66268.43
  Money Supply : Unadjusted for Foreign
     Currency Swap Deposits
        Money Supply M2
              Hong Kong Dollar 23288.34 27769.55 32804.47 32393.75 35873.30
              Foreign Currency 20502.23 22773.77 28259.01 30286.82* 30149.80
              Total 43790.57 50543.32 61063.48 62680.58* 66023.10
        Money Supply M3
              Hong Kong Dollar 23450.03 27948.21 32999.30 32608.24 36044.56
              Foreign Currency 20621.86 22949.20 28398.28 30399.26* 30223.87
              Total 44071.88 50897.41 61397.58 63007.51* 66268.43
           
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.
           Figures are adjusted to include foreign currency swap deposits.
           Figures are adjusted to exclude foreign currency swap deposits.