The Hong Kong Monetary Authority's discount window provides liquidity overnight with 20 million Hong Kong dollars raised.

date
19/09/2024
avatar
GMT Eight
According to data from the Hong Kong Monetary Authority, the discount window on Tuesday (17th) lent 20 million Hong Kong dollars to banks, providing funds to the market for two consecutive days before the Mid-Autumn Festival holiday on Wednesday (18th). The funds lent out on Tuesday were returned today, and after deducting the interest paid on foreign exchange fund bills and bonds or the amount issued, the total surplus in the Hong Kong banking system fell to 44.551 billion Hong Kong dollars.

Contact: contact@gmteight.com