Hong Kong Monetary Authority: Total assets of foreign exchange funds as of the end of February 2025 amounted to HK$400.9 billion, a decrease of HK$10.29 billion compared to the previous period.

The Hong Kong Monetary Authority announced today (March 31st) that as of February 28, 2025, the total assets of the Exchange Fund amount to HK$4.009 trillion, a decrease of HK$102.9 billion compared to the end of January 2025, of which HK dollar assets decreased by HK$76 billion and foreign currency assets decreased by HK$26.9 billion. The decrease in HK dollar assets is mainly due to a decrease in the month-end balance of exchange fund bills and bonds subscribed but not settled. The decrease in foreign currency assets is mainly due to withdrawals from fiscal reserves deposits and redemption of debt instruments, but the decrease was partially offset by an increase in the month-end balance of securities purchased but not yet settled and interest income from investments. The accounts of the Hong Kong Currency Issuance Bureau show that the money base as of the end of February 2025 was HK$1.9759 trillion, a decrease of HK$19 billion compared to the end of January 2025, a decrease of 1.0%. The decrease in the money base is mainly due to a decrease in the total amount of debt instruments, but the decrease was partially offset by the discount amortization of exchange fund bills and bonds already issued. The total amount of supporting assets as of the end of February 2025 decreased by HK$13.7 billion to HK$2.1788 trillion, a decrease of 0.6%. The decrease in supporting assets is mainly due to the redemption of debt instruments, but the decrease was partially offset by interest income from investments and revaluation of investments at market prices. The supporting ratio increased from 109.90% at the end of January 2025 to 110.27% at the end of February 2025.