Effective Exchange Rate Index

     The effective exchange rate index for the Hong Kong dollar on Tuesday, July 23, 2024 is 106.4 (same as yesterday's index).




Exchange Fund Bills tender results

The following is issued on behalf of the Hong Kong Monetary Authority:

     Exchange Fund Bills tender results:
 

Tender date : July 23, 2024
Paper on offer : EF Bills
Issue number : Q2430
Issue date : July 24, 2024
Maturity date : October 23, 2024
Amount applied : HK$153,418 MN
Amount allotted : HK$60,205 MN
Average yield accepted : 4.43 PCT
Highest yield accepted : 4.45 PCT
Pro rata ratio* : About 88 PCT
Average tender yield : 4.50 PCT
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Tender date : July 23, 2024
Paper on offer : EF Bills
Issue number : H2459
Issue date : July 24, 2024
Maturity date : January 22, 2025
Amount applied : HK$50,200 MN
Amount allotted : HK$12,600 MN
Average yield accepted : 4.35 PCT
Highest yield accepted : 4.37 PCT
Pro rata ratio* : About 42 PCT
Average tender yield : 4.43 PCT

 
*"Pro rata ratio" refers to the average percentage of allotment with respect to each tender participant's tendered amount at the "highest yield accepted" level.

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     Hong Kong Monetary Authority tenders to be held in the week beginning July 29, 2024:
 

Tender date : July 30, 2024
Paper on offer : EF Bills
Issue number : Q2431
Issue date : July 31, 2024
Maturity date : October 30, 2024
Tenor : 91 Days
Amount on offer : HK$59,789 MN
****************************
Tender date : July 30, 2024
Paper on offer : EF Bills
Issue number : H2460
Issue date : July 31, 2024
Maturity date : February 3, 2025
Tenor : 187 Days
Amount on offer : HK$15,000 MN
****************************
Tender date : July 30, 2024
Paper on offer : EF Bills
Issue number : Y2492
Issue date : July 31, 2024
Maturity date : July 30, 2025
Tenor : 364 Days
Amount on offer : HK$5,000 MN



EPD convictions in June

     Thirty-seven convictions were recorded in June 2024 for breaches of legislation enforced by the Environmental Protection Department.
 
     Three of the convictions were under the Air Pollution Control Ordinance, 17 were under the Noise Control Ordinance, four were under the Public Cleansing and Prevention of Nuisances Regulation, and 13 were under the Waste Disposal Ordinance.
 
     A company was fined $25,000, which was the heaviest fine in June, for exporting controlled waste without a permit.




Health Bureau releases HK’s Domestic Health Accounts 2022/23

     The Health Bureau (HHB) released the Hong Kong's Domestic Health Accounts (DHA) 2022/23 today (July 23). Updated annually, the DHA provides a systematic description of the flow of health expenditure in Hong Kong over a 12-month period, forming a basis for assessing and understanding the levels and trends of health spending in Hong Kong.
      
     The DHA is compiled in accordance with the guidelines given in "A System of Health Accounts 2011" collaboratively published by the Organisation for Economic Co-operation and Development, Eurostat which is the statistical office of the European Union, and the World Health Organization. It classifies the overall health expenditure into four dimensions of analysis, namely Health Care Financing Schemes (HFS), Revenues of HFS, Health Care Providers and Health Care Functions.
      
     The DHA shows the amount of funds provided by major sources (such as government, private organisations, and households), and the type of services for which these funds are used (such as inpatient and outpatient care, dental services, and medical goods) and the institutional entities providing the services (such as hospitals, outpatient clinics, and pharmacies). These data enable policymakers, researchers and the public to assess the performance of the local health system over time and to evaluate health policies. The data can also be utilised to make comparison with other economies that adopt the same framework in calculating their health expenditure.
      
     The DHA 2022/23 has now been uploaded to the HHB website (www.healthbureau.gov.hk/statistics/en/dha.htm). Its time-series data are shown in an online interactive data dashboard with tables and graphs available to facilitate further analysis and research.
      
     To reflect the increasing government health-related programmes with services provided to Hong Kong residents outside Hong Kong, the coverage of the DHA has been widened to include government subvention to these health-related programmes, e.g. those in the Guangdong-Hong Kong-Macao Greater Bay Area. In addition, the DHA dashboard provides an option for readers to view the data with or without COVID-19 expenditure between 2019/20 and 2022/23, thus facilitating time-series analysis.




Suspected red tide sighted at Repulse Bay Beach

Attention TV and radio announcers:

Please broadcast the following as soon as possible:

     Here is an item of interest to swimmers.

     The Leisure and Cultural Services Department announced today (July 23) that due to the sighting of a suspected red tide, the red flag has been hoisted at Repulse Bay Beach in Southern District, Hong Kong Island. Beachgoers are advised not to swim at the beach until further notice.