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What's New. Press Releases. 25 Oct 2024. HKMA designates Primary Liquidity Providers and expands Scheme. 25 Oct 2024. Instant Message Alert – Phishing instant messages related to Livi Bank Limited. 24 Oct 2024. Tender results of 3-year RMB HKSAR Institutional Government Bonds.
The Hong Kong Monetary Authority (HKMA) is Hong Kong’s central banking institution. It was established on 1 April 1993 by merging the Office of the Exchange Fund and the Office of the Commissioner of Banking. The HKMA's four main functions are: managing the Exchange Fund.
As part of the “Fintech 2025” strategy announced in 2021, the HKMA has been studying, experimenting on and piloting CBDCs through various projects at wholesale and retail levels, involving domestic and cross-border payments, to increase Hong Kong’s readiness for issuing CBDCs.
The Hong Kong Monetary Authority (HKMA) today (4 October) released a technical whitepaper on retail central bank digital currency (CBDC), titled “e-HKD: A technical perspective” (the Whitepaper).
The Hong Kong Monetary Authority (HKMA) announced today (23 March) that the Base Rate has been set at 5.25% with immediate effect according to a pre-set formula. The Base Rate is the interest rate for.
金管局將會盡快增發外匯基金票據及債券以吸納因此而增加的總結餘。. This page is regularly updated at about 7:00pm on each business day of Hong Kong. In addition, if the Convertibility Undertaking under the Linked Exchange Rate System is triggered outside Hong Kong trading hours, the relevant statistics on this page ...
The Hong Kong Monetary Authority (HKMA) announced today (6 May) that the official foreign currency reserve assets of Hong Kong amounted to US$465.7 billion as at the end of April 2022 (end-March 2022: US$481.6 billion) (Annex).
Following the joining of the CBUAE and the PBC DCI, the m-CBDC Bridge project will further foster a conducive environment for more central banks in Asia as well as other regions to jointly study the potential of DLT in enhancing the financial infrastructure for cross-border payments.
Banking stability is a cornerstone of financial stability. One of the HKMA’s primary functions is to regulate and supervise banking business and the business of taking deposits, with a view to promoting the stability and integrity of the financial system (including the banking system).
The composite interest rate, which is a measure of the average cost of funds of banks, increased by 17 basis points to 0.75% at the end of August 2022, from 0.58% at the end of July 2022 (see Chart 1 in the Annex).