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StableMedium2026-06-12

HKMA publishes May 2026 Exchange Fund analytical accounts

Banking SupervisionOtherPrudentialWholesale BankingHKMAConf: High
Regulatory Event

HKMA released Exchange Fund analytical accounts for end-May 2026, showing foreign assets up HK$26.8bn to HK$3,681.8bn.

Analysis

Monthly Exchange Fund disclosure shows continued growth in foreign assets and stable Monetary Base composition. Indicates resilient HKD peg support and ample reserve backing for banking system liquidity operations.

Relevance

Exchange Fund strength underpins HKD peg credibility and HK banking system liquidity conditions.

Required Action

Action Required

Update HKD liquidity and FX reserve assumptions in treasury and capital planning models.

Justification

Routine but material disclosure informing FX, liquidity and capital risk monitoring for HK-exposed institutions.

Control Commentary

No change to HKD peg risk rating; reserve coverage remains strong. Continue monthly monitoring of Exchange Fund trends within FX risk framework.

Source

HKMA released the key analytical accounts of the Exchange Fund at end-May 2026. Foreign assets increased by HK$26.8 billion to HK$3,681.8 billion. Monetary Base amounted to HK$2,072.2 billion.

RH-2026-06-12-007