Tag: issuance
Hong Kong – Increasing the issuance of Exchange Fund Bills
Increasing the issuance of Exchange Fund Bills ********************************************** The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) announced today (December 13) a plan to suitably increase the issuance size of Exchange Fund Bills to meet the ongoing demand for Exchange Fund paper by banks amidst the abundance of liquidity in the banking system.
The HKMA plans to increase the issuance size of 91-day Exchange Fund Bills by HK$5,000 million in each of the eight regular tenders on January 4, 11, 18, 25 and 31 and February 8, 15 and 22, ... Read more