FISCAL RESERVES 244.57 BILLION PTCS END-SEPTEMBER

2014/11/13

From：Macau Business Daily

Macau’s fiscal reserves as at the end of September amounted to MOP244.57 billion (US$31 billion), down 0.02 percent compared to the 244.61 billion patacas of a month prior but 46 percent more than a year before, says the Official Gazette.
Of the September fiscal reserve figure, the government saw less assets held in bonds and discretionary management funds when compared to the previous month: fiscal reserves held in bonds totalled MOP108.7 billion as at end-September, nearly 8 percent down from a month ago; the portion held in discretionary investment funds was MOP5.6 billion, 7.13 percent less than at the end of August.
The reserves held in bank deposits as at end-September was MOP121.9 billion, up 3.7 percent compared to a month before.
The city’s Monetary Authority said yesterday that the yuan deposits in Macau had reached 118.7 billion yuan (US$19.3 billion) by the end of September, with cross-border trade settlement cumulatively amounting to 465 billion yuan.

Copyright@Macau Business Daily