Hong Kong Monetary Authority injects HK$138 million in liquidity into banks

The Hong Kong Monetary Authority has provided HK$138 million in liquidity to banks through the discount window. This initiative aims to stabilize market liquidity, support banking operations, and promote the stable development of the financial system.

Liquidity placement in discount window

The Hong Kong Monetary Authority injected large amounts of funds into banks through the discount window to cope with tight market liquidity. This will help banks meet customers' funding needs while reducing interest rate risks and promoting the stable operation of financial markets.

Discount window base interest rate

The current discount window base interest rate is 5.75%, which is the interest rate level at which the HKMA provides liquidity support to banks. Banks can borrow money from the Monetary Authority through the discount window to cope with shortages of funds, while paying a certain amount of interest as a fee.

Discount window operation

Since the beginning of the year, the Hong Kong Monetary Authority has operated the discount window on January 3, January 9 and January 29 respectively to provide liquidity to banks. These measures help maintain the stable operation of the financial system and ensure market liquidity and capital supply.

Promote the stable development of the financial system

By providing liquidity to banks, the HKMA helps promote the stable development of the financial system. This will help improve the operational efficiency of the financial market and ensure the stability and sustainable development of the financial system.