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The Hong Kong Monetary Authority (HKMA) is the central banking institution of Hong Kong. It is a government authority founded on 1 April 1993 when the Office of the Exchange Fund and the Office of the Commissioner of Banking merged.
Bonds have a set term; usually, a bond’s term ranges from one to 30 years. Within this time frame, there are short-term bonds (1-3 years), medium-term bonds (4-10 years) and long-term bonds (10 ...
The Mercantile Bank was absorbed by HSBC in 1978 and ceased issuing notes. In 1985, 20-dollar notes were introduced, whilst, in 1993, a 10-dollar coin was introduced and the banks stopped issuing 10-dollar notes. In 1994, the Hong Kong Monetary Authority (HKMA), gave authority to the Bank of China to issue notes.
The head of Hong Kong's de-facto central bank gave a rare profit warning, saying the Exchange Fund would face a "triple-whammy" situation with equities, bonds and foreign exchange valuation ...
The Hong Kong Monetary Authority indicated this move is to narrow the gap between the interest rates in Hong Kong and those of the United States. A further aim of allowing the Hong Kong dollar to trade in a range is to avoid the HK dollar being used as a proxy for speculative bets on a renminbi revaluation.
And as interest rates rise, generally so do bond yields, which move inversely to bond prices. Ten-year yields have held over 4% since early August. But after the Fed signaled that another rate ...
From the United States: $209.4 billion (4.3% share), +1.3% year-on-year; From Malaysia: $176.9 billion (3.6% share), +6.1% year-on-year; From Vietnam: $143.9 billion (2.9% share), +22.3% year-on-year; Exports: $4,531.7 billion −8.6% year-on-year To mainland China: $2,570.8 billion (56.7% share), −12.9% year-on-year; To the United States ...
The yield on the 10-year Treasury rose to 4.51% from 4.40% late Tuesday, which is a notable move for the bond market. The two-year yield, which more closely tracks expectations for Fed action ...