Guideline of the European Central Bank

of 4 December 2009

amending Guideline ECB/2007/9 on monetary, financial institutions and markets statistics

(ECB/2009/23)

(2010/34/EU)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Articles 5.1, 12.1 and 14.3 thereof,

Having regard to Regulation (EC) No 63/2002 of the European Central Bank of 20 December 2001 concerning statistics on interest rates applied by monetary financial institutions to deposits and loans vis-à-vis households and non-financial corporations (ECB/2001/18) [1],

Having regard to Regulation (EC) No 24/2009 of the European Central Bank of 19 December 2008 concerning statistics on the assets and liabilities of financial vehicle corporations engaged in securitisation transactions (ECB/2008/30) [2],

Having regard to Regulation (EC) No 25/2009 of the European Central Bank of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector (ECB/2008/32) [3],

Whereas:

(1) Guideline ECB/2007/9 of 1 August 2007 on monetary, financial institutions and markets statistics [4] should be aligned with the recast Regulation (EC) No 25/2009 (ECB/2008/32) and Regulation (EC) No 290/2009 of the European Central Bank of 31 March 2009 amending Regulation (EC) No 63/2002 (ECB/2001/18) concerning statistics on interest rates applied by monetary financial institutions to deposits and loans vis-à-vis households and non-financial corporations (ECB/2009/7) [5].

(2) New standards are required for the grossing-up of data on money market funds (MMFs) and for the selection of the most representative reference reporting population.

(3) The new MMF balance sheet should be an aggregated balance sheet consistent with that resulting from Regulation (EC) No 958/2007 of the European Central Bank of 27 July 2007 concerning statistics on the assets and liabilities of investment funds (ECB/2007/8) [6]. The reporting burden can be reduced by making the compilation of credit institutions (CIs) and MMFs balance sheets more efficient, i.e. by producing the CI balance sheet as the difference between the other monetary financial institutions (MFI) data and the MMF data.

(4) Due to the enhanced requirements for reporting information on securitisation and other transfers of MFI loans granted to non-MFIs introduced by Regulation (EC) No 25/2009 (ECB/2008/32), the reporting of statistics in these areas is no longer necessary.

(5) National central banks have started to report investment funds statistics in the context of other financial intermediaries’ statistics under Article 18 of Guideline ECB/2007/9, meaning that the transitional regime under Article 14(6) is no longer required.

(6) New reporting requirements for loans granted by euro area MFIs to non-financial corporations broken down by branch of activity are necessary to enhance the economic and monetary analysis of credit developments.

(7) The names of payment systems are subject to frequent changes and therefore the list of names in Part 13 of Annex III to Guideline ECB/2007/9 should be deleted,

HAS ADOPTED THIS GUIDELINE:

Article 1

Guideline ECB/2007/9 is amended as follows:

1. Article 1(3) is replaced by the following:

"3. Back data reporting requirements

Only the reporting set out in Articles 3, 6, 7, 10, 11, 14 to 17 and 18a is subject to back data reporting requirements.

(a) Without prejudice to point (b), the following rules shall apply in cases of accession to the European Union and/or adoption of the euro:

(i) NCBs of Member States that joined the EU in May 2004 shall report back data to the ECB covering at least the period from 2004;

(ii) NCBs of Member States that joined the EU before May 2004, but have not adopted the euro at the date of entry into force of this Guideline, shall report back data to the ECB covering at least the period from 1999 and the period from 2003 for MFI interest rate statistics (hereinafter "MIR statistics");

(iii) NCBs of Member States that joined the EU after May 2004 shall report back data to the ECB covering at least the previous three years;

(iv) In respect of positions vis-à-vis Member States that adopt the euro following the entry into force of this Guideline, NCBs of participating Member States shall report back data to the ECB covering at least the period: (1) from 1999, if the Member State joined the EU before May 2004; or (2) from 2004, if the Member State joined the EU in May 2004; or (3) covering the previous three years, if the Member State joined the EU after May 2004. This principle shall apply only to statistics for which data broken down by counterpart country are also collected.

(b) The following rules shall apply:

(i) for money market funds (MMFs) transmission of back data to the ECB shall follow the reporting practice of NCBs applied under this Guideline up to end-2008. Without prejudice to Article 10, NCBs which were reporting credit institution balance sheets may transmit MMF balance sheet data for reference periods prior to end-December 2008 on a voluntary basis; NCBs which were reporting quarterly MMF balance sheet data in accordance with the reduced reporting requirements, or which were reporting neither credit institution nor MMF balance sheet data shall transmit historical MMF data starting at least at the time of joining the euro area, but in any case no earlier than the reference period end-September 1997, where these data are available;

(ii) for loans to non-financial corporations broken down by branch of activity following the statistical classification of economic activities in the European Community — NACE Rev.2, back data, where available, shall be transmitted to the ECB as follows: (a) NCBs shall transmit back data as from March 2003; (b) in the case of Member States which joined the euro area after that date, NCBs shall transmit back data for at least two years before the entry into the euro area;

(iii) for other financial intermediaries (OFIs), back quarterly data shall be transmitted to the ECB starting with those for the first available reference period, at least starting with the data for the fourth quarter of 1998 as the reference period;

(iv) for securities, the time series transmitted to the ECB shall commence in December 1989 for outstanding amounts and January 1990 for flows;

(v) for payments statistics, five years of data shall be reported including the latest reference year, on a best effort basis."

2. Article 3(1)(a) is replaced by the following:

"(a) General

NCBs shall compile and report two separate aggregated balance sheets, both on a gross basis, in accordance with Regulation (EC) No 25/2009 (ECB/2008/32): one referring to the MFI sub-sector "central bank" and one referring to the sub-sector "other MFIs".NCBs shall derive the required statistical information concerning their own central bank balance sheet from their accounting system by means of the bridging tables set out in Annex I. The ECB, for statistical reporting purposes, shall derive data from its own balance sheet, corresponding to the data derived by the NCBs from their own balance sheets.NCBs shall derive the required statistical information concerning the other MFIs’ bank balance sheet by aggregating the balance sheet items (BSI) data collected from resident individual MFIs excluding the resident NCB.These requirements shall cover end-month and end-quarter outstanding amounts [] (stocks), monthly and quarterly flow adjustments data, and data on loan securitisations and other loan transfers.NCBs shall report statistical information on balance sheet items in accordance with Part 1 of Annex III.

3. Article 3(4) is replaced by the following:

"4. Grossing-up

(a) Composition of the "tail"

Where NCBs grant derogations to MMFs in accordance with Article 8(1)(a) of Regulation (EC) No 25/2009 (ECB/2008/32), NCBs shall ensure that their combined contribution to the total national MMF balance sheet does not exceed:

(i) 10 % in each participating Member State where the national MMF balance sheet accounts for more than 15 % of the total MMF balance sheet of the euro area;

(ii) 30 % in all other participating Member States, except for those where the national MMF balance sheet accounts for less than 1 % of the total MMF balance sheet of the euro area, in which case no specific restriction in the allocation of MMFs to the tail shall apply.

(b) Minimum standards for grossing-up

Where NCBs grant derogations to MFIs in accordance with Article 8(1)(a) and/or (d) of Regulation (EC) No 25/2009 (ECB/2008/32), NCBs shall gross up to 100 % coverage for these MFIs in the compilation of the monthly and quarterly MFI balance sheet data reported to the ECB. NCBs may choose the procedure for grossing up to 100 % coverage, provided it fulfils the following minimum standards:

(i) for missing breakdowns data, estimates shall be derived by applying ratios based on a sub-set of the actual reporting population considered to be more representative of the "tail" as follows:

- NCBs of Member States whose contribution to the aggregated MFI balance sheet of the euro area is larger than 2 % shall determine this sub-set so that the total balance sheet of the entities in the sub-set does not exceed 35 % of the national aggregated MFI balance sheet. This requirement shall not apply when the balance sheets of the institutions to which the derogations are granted account for less than 1 % of the national MFI balance sheet,

- NCBs of Member States whose contribution to the total aggregated MFI balance sheet of the euro area is less than 2 % are encouraged to follow the same arrangement. However, should significant costs be involved, NCBs in these Member States may apply ratios based on the reporting population instead;

(ii) in applying point (i), both the "tail" and the sub-set of the actual reporting population may be subdivided in different groups according to the type of institution (e.g. MMFs or credit institutions);

(iii) whenever the contribution of MMFs that only report their total assets once a year exceeds 30 % of the total MMF balance sheet in any given Member State, NCBs shall gross up the data reported by MMFs and credit institutions separately as follows:

- if sufficient coverage exists from MMF that are full reporters, their aggregated balance sheet shall be used as the basis for grossing-up,

- if the coverage from MMF that are full reporters is insufficient or there are no MMF that are full reporters, NCBs shall estimate a balance sheet for the MMF sector from alternative data sources, at least once a year, and use it as the basis for grossing up;

(iv) where the breakdowns data are available, but with a longer delay or at a lower frequency, reported data shall be carried forward into the missing periods by:

- repeating the data when the results have proven to be adequate, or

- applying appropriate statistical estimation techniques to take into account trends in the data or seasonal patterns;

(v) ratios or any other intermediate calculation required to implement the minimum standards for grossing up may be derived from data obtained from supervisory authorities whenever a reliable link can be established between the statistical breakdown to be grossed up and such data.

(c) Communication of significant changes

NCBs shall inform the ECB of any significant changes in their grossing-up procedures."

4. Article 10 is replaced by the following:

"Article 10

Money market funds balance sheet statistics

1. Scope of reporting

(a) General

(b) Flow adjustments

2. Reporting frequency and deadline

3. Grossing-up

4. Revision policy

NCBs which were reporting credit institutions balance sheets for periods prior to end-December 2008 shall transmit revisions to MMF data in accordance with Tables 1 and 2 in Part 7 of Annex III. Any revisions to MMF data shall be consistent with the corresponding end of quarter other MFI data.In the event that transmission of new or revised MMF data implies changes to the data for the corresponding other MFI reference period, required revisions for other MFI data shall also be transmitted."

5. Article 13 is deleted.

6. The title of Article 14 is replaced by the following:

"Other financial intermediaries’ statistics (except investment funds and financial vehicle corporations)".

7. Article 14(1) is replaced by the following:

"1. Scope of reporting

(a) General

The following key indicators and supplementary information shall be provided:

- key indicators to be transmitted for the compilation of euro area aggregates: all participating Member States shall transmit these detailed data when actual data are available. When no actual data are available for the required breakdowns or for the agreed frequency, timeliness or time range, estimates shall be provided if feasible,

- supplementary information to be transmitted as "memo items": these data shall be transmitted by countries for which this information is currently available.

(b) Flow adjustments

Flow adjustment data may be reported in the case of significant breaks in stocks or when reclassifications and other adjustments occur. In particular, flow adjustment data may be provided due to reclassifications in the context of the implementation of the ESA 95 framework.Reclassification adjustments shall be reported in accordance with Article 3(1)(b)."

8. Article 14(6) is deleted.

9. Article 16(1) is replaced by the following:

"1. Scope of reporting

For the purposes of MIR statistics, NCBs shall report aggregated national monthly statistics relating to outstanding amounts and new business as specified in Appendices 1 and 2 of Annex II to Regulation (EC) No 63/2002 (ECB/2001/18). In addition, NCBs shall report aggregated national monthly statistical information relating to new business as specified in Part 12a of Annex III.If the derogation provided for in paragraph 61 of Annex II to Regulation (EC) No 63/2002 (ECB/2001/18) in conjunction with Annex IV to Regulation (EC) No 63/2002 (ECB/2001/18) is granted, NCBs shall submit the items to which the derogation has been granted without values, indicating that the data have not been collected."

10. Article 17(2), (3) and (4) are replaced by the following:

"2. Reporting frequency and deadline

The minimum set of data shall include:

- monthly series: one observation relating to end-December positions,

- quarterly series: one observation relating to the fourth quarter of the year,

- annual series: one observation relating to end-December positions.

3. Revision policy

4. Explanatory notes

The ECB shall send to NCBs the previous year’s explanatory notes in Word format, prior to the start of the production round, which shall be completed and/or corrected and returned to the ECB. In these explanatory notes, NCBs shall explain deviations from the requirements in detail, if possible including the impact on the data."

11. Article 18(10) is replaced by the following:

"10. Monitoring the quality of the CSDB or national securities database in the context of s-b-s reporting

NCBs shall provide to the ECB on an annual basis either: (i) indicators analysing the coverage and quality of the relevant set of securities in the CSDB, in accordance with the methodology separately communicated to them; or (ii) the relevant information needed to derive the coverage and quality indicators.NCBs relying on national securities databases shall once a year provide to the ECB aggregated results covering one quarter and at least two statistically significant sub-sectors of IFs. These aggregated results shall not differ by more than 5 % from the results which would be obtained when using the CSDB. This provision shall apply to information which is not reported by IFs.The above information shall be transmitted to the ECB by the end of February each year by taking as a reference the end-December data of the preceding year."

12. The following Article 18b is inserted:

"Article 18b

Statistics on MFI loans to non-financial corporations by branch of activity

1. Scope of reporting

2. Reporting frequency and deadline

3. Revision policy

NCBs shall report revisions in accordance with the following principles:

(a) in addition to each regular data transmission, revisions to the previous reference periods shall be sent where required; and

(b) exceptional revisions which significantly improve the quality of the data may be sent as soon as available.

4. Explanatory notes

The NCBs shall report to the ECB any significant changes in the national definitions and classifications used and shall submit explanatory notes explaining the reasons for significant revisions, where applicable. In addition, NCBs shall provide information on major reclassifications in the MFI sector and, if available, major reclassifications of non-financial corporations in the NACE Rev.2 breakdowns transmitted."

13. Article 19(1) is replaced by the following:

"1. Scope of reporting

The variables collected to establish and maintain the list of MFIs for statistical purposes which is referred to in Article 3 of Regulation (EC) No 25/2009 (ECB/2008/32) are specified in Part 1 of Annex VI.NCBs shall report updates of the variables specified in Part 1 of Annex VI, either when there are changes in the MFI sector or when there are changes in attributes of existing MFIs. There are changes in the MFI sector when an institution joins the MFI sector (i.e. in the event of establishment of an MFI as the result of a merger, establishment of new legal entities as the result of the division of an existing MFI, establishment of a new MFI, or change in the status of a previous non-MFI such that it becomes an MFI) or when an existing MFI leaves the MFI sector (i.e. in the event of the involvement of an MFI in a merger, purchase of an MFI by another institution, division of an MFI into separate legal entities, change in the status of an MFI such that it becomes a non-MFI, or liquidation of an MFI).When reporting a new institution or an institution to be modified, NCBs shall complete all mandatory variables. When reporting an institution leaving the MFI sector which is not part of a merger NCBs shall report the following information as a minimum: the type of request, i.e. deletion, and the identification code of the MFI, i.e. the "mfi_id" variable.NCBs shall not reallocate MFI identification codes of deleted MFIs to new MFIs. If this action is unavoidable, NCBs shall submit a written explanation to the ECB at the same time (using the "object_request" type "mfi_req_realloc").When reporting updates, NCBs may use their national character set, provided they use the Roman alphabet. NCBs shall use Unicode to correctly display all special character sets when receiving information from the ECB via the Register of Institutions and Assets Database (RIAD) Data Exchange System.Prior to the transmission of updates of the list of MFIs to the ECB, NCBs shall carry out the validation checks set out in the relevant data exchange specifications."

14. Article 20(1) is replaced by the following:

"1. Scope of reporting

The variables collected to establish and maintain the list of IFs for statistical purposes, which is referred to in Article 4 of Regulation (EC) No 958/2007 (ECB/2007/8), are specified in Annex VII.NCBs shall report updates of the variables specified in Part 1 of Annex VII either when there are changes in the IF sector or when there are changes in attributes of existing IFs. There are changes in the IF sector when an institution joins the IF sector or when an existing IF leaves the IF sector.NCBs shall derive updates by comparing their national list of IFs at the end of two successive end-of-quarters, i.e. they shall not take into account intra-quarter movements.When reporting a new institution or an institution to be modified, NCBs shall complete all mandatory variables.When reporting an institution leaving the IF sector, NCBs shall report the following information as a minimum: the type of request, i.e. deletion, and the identification code of the IF, i.e. the "if_id" variable.Once a year, pertaining to the 31 December reference date, NCBs shall transmit an XML file specifically to report the net asset value (NAV) per IF. That is, the NAV shall be provided separately from changes to other IFs attributes. For all IFs, the following information shall be provided: the type of request, i.e. "if_req_nav", the IF’s unique identification code, the NAV amount and the applicable NAV date.For any given reference date, information on any new IFs or changes to the identification codes of existing IFs shall be transmitted first to the ECB, prior to transmitting NAV information.Where possible, NCBs shall not reallocate IF identification codes of deleted IFs to new IFs. Where unavoidable, NCBs shall submit a written explanation to the ECB via the N13 Cebamail account at the same time as the IF record (using the "object_request" type "if_req_realloc").When reporting updates, NCBs may use their national character set, provided they use the Roman alphabet. NCBs shall use Unicode to correctly display all special character sets when receiving information from the ECB via the RIAD Data Exchange System.Prior to the transmission of updates of the list of IFs to the ECB, NCBs shall carry out the validation checks set out in the relevant data exchange specifications."

15. Article 24 is replaced by the following:

"Article 24

Publication

NCBs shall not publish national contributions to the monthly euro area monetary aggregates and their counterparts until the ECB has published these aggregates. Where NCBs publish such data, they shall be the same as data that contributed to the last published euro area aggregates. Where NCBs reproduce euro area aggregates published by the ECB, they shall reproduce them faithfully."

16. Annexes III to VIII are amended in accordance with the Annex to this Guideline.

17. In the Glossary, the following definition is inserted:

"Branch of activity is an economic activity included in the statistical classification of economic activities in the European Community — NACE Rev.2 [].

Article 2

Entry into force

This Guideline shall enter into force on the 20th day following its publication in the Official Journal of the European Union.

It shall apply from 1 July 2010.

Article 3

Addressees

This Guideline applies to all Eurosystem central banks.

Done at Frankfurt am Main, 4 December 2009.

For the Governing Council of the ECB

The President of the ECB

Jean-Claude Trichet

[1] OJ L 10, 12.1.2002, p. 24.

[2] OJ L 15, 20.1.2009, p. 1.

[3] OJ L 15, 20.1.2009, p. 14.

[4] OJ L 341, 27.12.2007, p. 1.

[5] OJ L 94, 8.4.2009, p. 75.

[6] OJ L 211, 11.8.2007, p. 8.

[] In principle the balance sheet is drawn up as at the last calendar day of the month/quarter without regard to local bank holidays. In the many cases where this is not possible the balance sheet is drawn up at the end of the last working day in accordance with national market or accounting rules."

[] As set out in Annex I to Regulation (EC) No 1893/2006 of the European Parliament and of the Council of 20 December 2006 establishing the statistical classification of economic activities NACE Revision 2 and amending Council Regulation (EEC) No 3037/90 as well as certain EC Regulations on specific statistical domains (OJ L 393, 30.12.2006, p. 1)."

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ANNEX

1. Annex III is amended as follows:

(a) In Part 1, Tables 1 and 2 are replaced and Tables 3a and 3b are added as follows:

"TABLE 1

Items for which monthly flow adjustments are required [1]

BALANCE SHEET ITEMS | A.Domestic | B.Other participating Member States | C.Rest of the world | D.Not allocated |

MFIs | Non-MFIs | MFIs | Non-MFIs | Total | Banks | Non-banks |

| Credit institutions | of which: credit institutions subject to RRs, ECB and NCBs | General government (S.13) | Other resident sectors | | Credit institutions | of which: credit institutions subject to RRs, ECB and NCBs | General government (S.13) | Other resident sectors |

Central Government (S.1311) | Other general government | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Central government (S.1311) | Other general government | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) |

| of which: CCP [4] | of which: FVCs | | of which: CCP [4] | of which: FVCs |

LIABILITIES

8Currency in circulation | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1 |

9Deposits | 2 | | | 3 | | | | | 4 | | | | 5 | | | 6 | | | | | 7 | | | | 8 | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | | | | | 9 | | | |

over 1 year | | | | | | | | | | | | | | | | | | | | | | | | | 10 | | | |

of which transferable deposits | | 11 | | 12 | 13 | | | | | | | | 14 | | 15 | 16 | | | | | | | | 17 | 18 | |

of which up to 2 years | | | | | | | | | 19 | | | | | | | | | | | | 20 | | | | | | | |

of which syndicated loans | | | | | | | | | | | | | | | | | | | | | | | | | | | | 21 |

9eEuro | 22 | | | | | | | | | | | | 23 | | | | | | | | | | | | | | | |

9.1eOvernight | | | | | 24 | 25 | 26 | | | 27 | 28 | 29 | | | | | 30 | 31 | 32 | | | 33 | 34 | 35 | | | | |

of which transferable deposits | | 36 | | | | | | | | | | | | 37 | | | | | | | | | | | | 38 | | |

9.2eWith agreed maturit | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | 39 | 40 | 41 | | | 42 | 43 | 44 | | | | | 45 | 46 | 47 | | | 48 | 49 | 50 | | | | |

over 1 and up to 2 years | | | | | 51 | 52 | 53 | | | 54 | 55 | 56 | | | | | 57 | 58 | 59 | | | 60 | 61 | 62 | | | | |

over 2 years | 63 | | | 64 | 65 | 66 | 67 | | | 68 | 69 | 70 | 71 | | | 72 | 73 | 74 | 75 | | | 76 | 77 | 79 | 79 | | | |

9.3eRedeemable at notice | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

up to 3 months | | | | | 80 | 81 | 82 | | | 83 | 84 | 85 | | | | | 86 | 87 | 88 | | | 89 | 90 | 91 | | | | |

over 3 months | | | | | 92 | 93 | 94 | | | 95 | 96 | 97 | | | | | 98 | 99 | 100 | | | 101 | 102 | 103 | | | | |

of which over 2 years | 104 | | | 105 | 106 | 107 | | | | | | | 108 | | | 109 | 110 | 111 | | | | | | | 112 | | | |

9.4eRepos | 113 | | | 114 | 115 | 116 | 117 | 118 | | 119 | 120 | 121 | 122 | | | 123 | 124 | 125 | 126 | 127 | | 128 | 129 | 130 | 131 | | | |

9xForeign currencies | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

9.1xOvernight | | | | | 132 | 133 | 134 | | | 135 | 136 | 137 | | | | | 138 | 139 | 140 | | | 141 | 142 | 143 | | | | |

9.2xWith agreed maturity | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | 144 | 145 | 146 | | | 147 | 148 | 149 | | | | | 150 | 151 | 152 | | | 153 | 154 | 155 | | | | |

over 1 and up to 2 years | | | | | 156 | 157 | 158 | | | 159 | 160 | 161 | | | | | 162 | 163 | 164 | | | 165 | 166 | 167 | | | | |

over 2 years | 168 | | | 169 | 170 | 171 | 172 | | | 173 | 174 | 175 | 176 | | | 177 | 178 | 179 | 180 | | | 181 | 182 | 183 | 184 | | | |

9.3xRedeemable at notice | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

up to 3 months | | | | | 185 | 186 | 187 | | | 188 | 189 | 190 | | | | | 191 | 192 | 193 | | | 194 | 195 | 196 | | | | |

over 3 months | | | | | 197 | 198 | 199 | | | 200 | 201 | 202 | | | | | 203 | 204 | 205 | | | 206 | 207 | 208 | | | | |

of which over 2 years | 209 | | | 210 | 211 | 212 | | | | | | | 213 | | | 214 | 215 | 216 | | | | | | | 217 | | | |

9.4xRepos | 218 | | | 219 | 220 | 221 | 222 | 223 | | 224 | 225 | 226 | 227 | | | 228 | 229 | 230 | 231 | 232 | | 233 | 234 | 235 | 236 | | | |

10MMFs shares/units | | | | | | | | | | | | | | | | | | | | | | | | | | | | 237 |

11Debt securities issued | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

11eEuro | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 238 |

over 1 and up to 2 years | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 239 |

of which up to 2 years and nominal capital guarantee below 100 % | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 240 |

over 2 years | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 241 |

11xForeign currencies | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 242 |

over 1 and up to 2 years | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 243 |

of which up to 2 years and nominal capital guarantee below 100 % | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 244 |

over 2 year | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 245 |

12Capital and reserves | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 246 |

13Remaining liabilities | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 247 |

BALANCE SHEET ITEMS | A.Domestic | B.Other participating Member States | C.Rest of the world | D.Not allocated |

MFIs | Non-MFIs | MFIs | Non-MFIs |

General government (S.13) | Other resident sectors | General government (S.13) | Other resident sectors |

Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) |

| of which: CCP [4] | of which: FVCs | Total | Credit for consumption | Lending for house purchase | Other lending | | of which: CCP [4] | of which: FVCs | Total | Credit for consumption | Lending for house purchase | Other lending |

| of which: SP/UP [5] | | of which: SP/UP [5] |

ASSETS | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

1.Cash | | | | | | | | | | | | | | | | | | | | | | | | | | | 248 |

1eof which euro | | | | | | | | | | | | | | | | | | | | | | | | | | | 249 |

2.Loans | # 250 | # 251 | # 252 | | | | | | | | | | | # 253 | # 254 | # 255 | | | | | | | | | | | # 256 | |

up to 1 year | | | | # 257 | | | # 258 | # 259 | | # 260 | # 261 | # 262 | # 263 | | | | # 264 | | | # 265 | # 266 | | # 267 | # 268 | # 269 | # 270 | # 271 | |

over 1 year and up to 5 years | | | | # 272 | | | # 273 | # 274 | | # 275 | # 276 | # 277 | # 278 | | | | # 279 | | | # 280 | # 281 | | # 282 | # 283 | # 284 | # 285 | # 286 | |

over 5 years | | | | # 287 | | | # 288 | # 289 | | # 290 | # 291 | # 292 | # 293 | | | | # 294 | | | # 295 | # 296 | | # 297 | # 298 | # 299 | # 300 | |

of which syndicated loans | # 301 | # 302 | # 303 | | | | | # 304 | | | | | | # 305 | # 306 | # 307 | | | | | # 308 | | | | | | | |

of which repos | | | | | 309 | | | | | | | | | | | | | 310 | | | | | | | | | | |

2eof which euro | | # 311 | # 312 | # 313 | | | # 314 | # 315 | # 316 | | | | | | # 317 | # 318 | # 319 | | | # 320 | # 321 | # 322 | | | | | | |

—of which revolving loans and overdrafts | | | | | | | | # 323 | # 324 | | | | | | | | | | | | # 325 | # 326 | | | | | | |

—of which convenience credit card credit | | | | | | | | # 327 | # 328 | | | | | | | | | | | | # 329 | # 330 | | | | | | |

—of which extended credit card credit | | | | | | | | # 331 | # 332 | | | | | | | | | | | | # 333 | # 334 | | | | | | |

3.Securities other than shares | | | | | | # 335 | | | | | | | | | | | | | # 336 | | | | | | | | # 337 | |

3eEuro | | # 338 | # 339 | | | | | | | | | | | | # 340 | # 341 | | | | | | | | | | | | |

up to 1 year | # 342 | | | | | | | | | | | | | # 343 | | | | | | | | | | | | | | |

over 1 and up to 2 years | # 344 | | | | | | | | | | | | | # 345 | | | | | | | | | | | | | | |

over 2 years | # 346 | | | | | | | | | | | | | # 347 | | | | | | | | | | | | | | |

3xForeign currencies | | # 349 | # 350 | | | | | | | | | | | | # 352 | # 353 | | | | | | | | | | | | |

up to 1 year | # 354 | | | | | | | | | | | | | # 355 | | | | | | | | | | | | | | |

over 1 and up to 2 years | # 356 | | | | | | | | | | | | | # 357 | | | | | | | | | | | | | | |

over 2 years | # 358 | | | | | | | | | | | | | # 359 | | | | | | | | | | | | | | |

4.MMF shares/units | 360 | | | | | | | | | | | | | 361 | | | | | | | | | | | | | 362 | |

5.Shares and other equity | # 363 | | # 364 | | | | | | | | | | | # 365 | | # 366 | | | | | | | | | | | # 367 | |

6.Fixed assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | # 368 |

7.Remaining assets | | | | | | | | | | | | | | | | | | | | | | | | | | | # 369 |

TABLE 2

Items for which quarterly flow adjustment are required [1]

BALANCE SHEET ITEMS | A.Domestic | B.Other participating Member States | C.Rest of the world |

Non-MFIs | Non-MFIs | Total |

General government (S.13) | Other resident sectors | General government (S.13) | Other resident sectors | | Banks | Non-banks |

Total | Central government (S.1311) | Other general government | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Total | Central government (S.1311) | Other general government | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | General government | Other resident sectors |

Total | State government (S.1312) | Local government (S.1313) | Social security funds (S.1314) | | Credit for consumption | Lending for house purchase | Other lending | Total | State government (S.1312) | Local government (S.1313) | Social security funds (S.1314) | | Credit for consumption | Lending for house purchase | Other lending |

| Real estate collateral | Total | | Real estate collateral | | Real estate collateral | | Real estate collateral | | Real estate collateral | Total | | Real estate collateral | | Real estate collateral | | Real estate collateral |

LIABILITIES

8.Currency in circulation | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

9.Deposits | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 370 | 371 | 372 |

9.1.Overnight | | | | 373 | 374 | 375 | | | | | | | | | | | | | | | | 376 | 377 | 378 | | | | | | | | | | | | | | | | |

9.2.With agreed maturity | | | | 379 | 380 | 381 | | | | | | | | | | | | | | | | 382 | 383 | 384 | | | | | | | | | | | | | | | | |

9.3.Redeemable at notice | | | | 385 | 386 | 387 | | | | | | | | | | | | | | | | 388 | 389 | 390 | | | | | | | | | | | | | | | | |

9.4.Repos | | | | 391 | 392 | 393 | | | | | | | | | | | | | | | | 394 | 395 | 396 | | | | | | | | | | | | | | | | |

10.MMFs shares/units | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

11.Debt securities issued | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

12.Capital and reserves | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

13.Remaining liabilities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

ASSETS

1.Cash | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

2.Loans | | 397 | | | | | | | | | # 398 | | | # 399 | | # 400 | | # 401 | | # 402 | | | | | | | | | # 403 | | | # 404 | | # 405 | | # 406 | | # 407 | # 408 | # 409 |

up to 1 year | | | | # 410 | # 411 | # 412 | | | | | | | | # 413 | | | | | | | | # 414 | # 415 | # 416 | | | | | | | | # 417 | | | | | | | | |

over 1 and up to 5 years | | | | # 418 | # 419 | # 420 | | | | | | | | # 421 | | | | | | | | # 422 | # 423 | # 424 | | | | | | | | # 425 | | | | | | | | |

over 5 years | | | | # 426 | # 427 | # 428 | | | | | | | | # 429 | | | | | | | | # 430 | # 431 | # 432 | | | | | | | | # 433 | | | | | | | | |

2eEuro | | | | | | | | | | | # 434 | | | # 435 | | # 436 | | # 437 | | | | | | | | | | | # 438 | | | # 439 | | # 440 | | # 441 | | | | |

Loans with original maturity over 1 year | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

of which loans with remaining maturity of less than or equal to 1 year | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

of which loans with remaining maturity over 1 year and with interest rate reset in the next 12 months | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

Loans with original maturity over 2 years | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

of which loans with remaining maturity of less than or equal to 2 years | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

of which loans with remaining maturity over 2 years and with interest rate reset in the next 24 months | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

3.Securities other than shares | | # 458 | | | | | | | | | | | | | | | | | | # 459 | | | | | | | | | | | | | | | | | | # 460 | # 461 | # 462 |

up to 1 year | | | | # 463 | # 464 | # 465 | | # 466 | # 467 | # 468 | | # 469 | | | | | | | | | | # 470 | # 471 | # 472 | | # 473 | # 474 | # 475 | | # 476 | | | | | | | | | | |

over 1 year | | | | # 477 | # 478 | # 479 | | # 480 | # 481 | # 482 | | # 483 | | | | | | | | | | # 484 | # 485 | # 486 | | # 487 | # 488 | # 489 | | # 490 | | | | | | | | | | |

4.MMFs shares/units | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

5.Shares and other equity | | | | | | | | # 491 | # 492 | # 493 | | | | | | | | | | | | | | | | # 494 | # 495 | # 496 | | | | | | | | | | | | |

6.Fixed assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

7.Remaining assets | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

TABLE 3a

Securitisations and other loan transfers: items for which monthly flow adjustments are required [2]

BALANCE SHEET ITEMS | A.Domestic | B.Other participting Member States | C.Rest of the world |

General government (S.13) | Other resident sectors | General government (S.13) | Other resident sectors |

Total | Other gen.gov't (S.1312 + S.1313 + S.1314) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Total | Other general government (S.1312 + S.1313 + S.1314) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) |

1.Outstanding amounts of securitised loans not derecognised

1.1.Total | 497 | 498 | | 499 | 500 | 501 | 502 | 503 | 504 | | 505 | 506 | 507 | 508 | 509 |

1.1.1.of which securitised through a euro area FVC | 510 | 511 | | 512 | 513 | 514 | 515 | 516 | 517 | | 518 | 519 | 520 | 521 | 522 |

TABLE 3b

Securitisations and other loan transfers: items for which quarterly flow adjustments are required [3]

BALANCE SHEET ITEMS | A.Domestic | B.Other participting Member States | C.Rest of the world |

General government (S.13) | Other resident sectors | General government (S.13) | Other resident sectors |

Total | Other general government (S.1312 + S.1313 + S.1314) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) | Total | Other general government (S.1312 + S.1313 + S.1314) | Total | Other financial intermediaries + financial auxiliaries (S.123 + S.124) | Insurance corporations and pension funds (S.125) | Non-financial corporations (S.11) | Households + non-profit institutions serving households (S.14 + S.15) |

Credit for consumption | Lending for house purchase | Other lending | Credit for consumption | Lending for house purchase | Other lending |

| SP/UP [6] | | SP/UP [6] |

1.Securitised loans, write-downs practiced at the time of the loan transfer

1.1.counterparty in the transfer | | | | | | | | | | | | | | | | | | | | | |

is an FVC | 524 | 525 | | 526 | 527 | 528 | 529 | 530 | 531 | 532 | 533 | 534 | | 535 | 536 | 537 | 538 | 540 | 541 | 542 | 543 |

up to 1 year | | | | | | 544 | | | | | | | | | | 545 | | | | | |

over 1 and up to 5 years | | | | | | 546 | | | | | | | | | | 547 | | | | | |

over 5 years | | | | | | 548 | | | | | | | | | | 549 | | | | | |

1.1.1.of which counterparty in the | 550 | 551 | | 552 | 553 | 554 | 555 | 556 | 557 | | 558 | 559 | 560 | 561 | 562 |

transfer is a euro area FVC | | | | | | 562 | | | | | | | | | | 563 | | | | | |

up to 1 year | | | | | | 564 | | | | | | | | | | 565 | | | | | |

over 1 and up to 5 years | | | | | | 566 | | | | | | | | | | 567 | | | | | |

over 5 years | | | | | | | | | | | | | | | | | | | | | |

2.Outstanding amounts of loans serviced in a securitisation

2.1.Loans serviced: all FVCs | 568 | 569 | | 560 | 561 | 572 | 573 | 575 | 576 | 577 | 579 | 580 | | 581 | 582 | 583 | 584 | 586 | 587 | 588 | 589 |

up to 1 year | | | | | | 590 | | | | | | | | | | 591 | | | | | |

over 1 and up to 5 years | | | | | | 592 | | | | | | | | | | 593 | | | | | |

over 5 years | | | | | | 594 | | | | | | | | | | 595 | | | | | |

2.1.1.Loans serviced: of which euro area FVCs | 596 | | | 597 | 598 | 599 | 600 | 601 | 602 | | 603 | 604 | 605 | 606 | 607 |

up to 1 year | | | | | | 608 | | | | | | | | | | 609 | | | | | |

over 1 and up to 5 years | | | | | | 610 | | | | | | | | | | 611 | | | | | |

over 5 years | | | | | | 612 | | | | | | | | | | 613 | | | | | |

(b) Section 3 of Part 4 is replaced by the following:

"Section 3: Quarterly memorandum items to compile monetary union financial accounts

NCBs/ECB/other MFIs’ data (stocks)

| Domestic | Other participating Member States | Rest of the world | Not allocated |

Total | Central government | Total | Central government |

LIABILITIES

14.Remaining liabilities

Net equity of households in pension funds reserves | | M70 |

Revaluation accounts | | M90 |

Liability to non-resident branches/offices | | M91 |

Liability adjustment accounts | | M92 |

Debit balance on income/expenditure accounts; current/previous years’ profits/losses; securities lending business; short positions in securities; depreciation | | M93 |

Provisions | | M94 |

ASSETS

3.Securities other than shares

Up to 1 year | | M71 | | M72 | M73 | |

Of which: euro | | M74 | | M75 | M76 | |

Over 1 year | | M77 | | M78 | M79 | |

Of which: euro | | M80 | | M81 | M82 | |

5.Shares and other equity

Quoted shares | M83 | | M84 | | M85 | |

Investment fund (not MMF) shares | M86 | | M87 | | M88 | |

7.Remaining assets

Prepayment of insurance premiums and reserves for outstanding claims | | M89 |

Revaluation accounts | | M95 |

Claims/capital injections into non-resident branches/offices | | M96 |

Asset adjustment accounts | | M97 |

Credit balance on income/expenditure accounts; current/previous years’ profits/losses; own shares; securities lending business | | M98 |

M70 : liabilities of MFIs with households in the form of technical provisions established to provide pensions for employees. This typically refers to employee pension funds that have not been externalised to an independent institution.

M83, M84, M85 : shares with prices quoted on a recognised stock exchange or other form of secondary market.

M86, M87, M88 : shares issued in the context of an organised financial arrangement that pools investor funds for the purpose of acquiring financial or non-financial assets, excluding those included in the MFI sector (also called mutual fund shares).

M89 : the part of gross premiums paid by MFIs which is to be allocated to the following accounting period plus claims by MFIs that are not yet settled.

M93, M98 : Additional information should be reported to the ECB clarifying the content of these composite items, if available. These composite items include some sub-items which are not currently reported by some countries in accordance with Regulation (EC) No 2423/2001 (ECB/2001/13) (securities lending business, short positions in securities, own shares) but within remaining assets/remaining liabilities. This additional information allows the ECB to correct monetary union financial accounts data as necessary."

(c) The following text is added at the end of Part 5:

"Calculation of lump-sum allowance for control purposes (R6):

Lump-sum allowance: The allowance is applied to every credit institution. Each credit institution may deduct a maximum lump sum designed to reduce the administrative cost of managing very small reserve requirements. Should [reserve base × reserve ratio] be less than EUR 100000, then the lump sum allowance equals [reserve base × reserve ratio]. Should [reserve base × reserve ratio] be greater than or equal to EUR 100000, then the lump sum allowance equals EUR 100000. Institutions allowed to report statistical data regarding their consolidated reserve base as a group (as defined in Annex III, Part 2, Section 1 of Regulation (EC) No 25/2009 (ECB/2008/32)) hold minimum reserves through one of the institutions in the group which is acting as intermediary exclusively for these institutions. In accordance with Article 11 of Regulation (EC) No 1745/2003 of the European Central Bank on the application of minimum reserves (ECB/2003/9) [], in the latter case only the group as a whole is entitled to deduct the lump sum allowance.

The minimum (or "required") reserves are computed as follows:

Minimum (or "required") reserves = reserve base × reserve ratio – lump sum allowance

The reserve ratio applies as follows:

A reserve ratio of 2 % applies to the following liability categories (as defined in Regulation (EC) No 25/2009 (ECB/2008/32)): (a) overnight deposits; (b) deposits with agreed maturity of up and including two years; (c) deposits redeemable at notice of up and including two years; and (d) debt securities issued with an agreed maturity of up and including two years. A reserve ratio of 0 % applies to repos and other liabilities with an agreed maturity of over two years included in the reserve base. Liabilities vis-à-vis the ECB, the NCBs and other institutions subject to the Eurosystem’s minimum reserve system are excluded from the reserve base.

(d) Part 7 is replaced by the following:

"PART 7

Money market funds balance sheet statistics

TABLE 1

MMFs — Stocks

Quarterly serie

| (Monthly and quarterly) requirements addressed to MFIs by Regulation (EC) No 25/2009 (ECB/2008/32). |

| (Quarterly) requirements addressed to IFs by Regulation (EC) No 958/2007 (ECB/2007/8), to be reported for MMFs as memo items if available at the NCBs. |

BALANCE SHEET ITEMS | A.Domestic | B.Other participating Member States | C.Rest of the world | D.Not allocated |

MFIs | Non-MFIs | MFIs | Non-MFIs | | |

General government | Other residents | General government | Other residents | Total | Banks | Non-banks |

Central government | Other general government | Total | OFIs (S.123) and financial auxiliaries (S.124) | Insurance corp. and pension funds (S.125) | Non-financial corp. (S.11) | Households etc. (S.14 + S.15) | Central government | Other general government | Total | OFIs (S.123) and financial auxiliaries (S.124) | Insurance corp. and pension funds (S.125) | Non-financial corp. (S.11) | Households etc. (S.14 + S.15) | General government | Other non-resident sectors |

LIABILITIES

Deposits | | | | | | | | | | | | | | | | | | | | | |

MMFs shares/units | | | | | | |

| | | | | | | | | | | | | | | | | | |

Capital & reserves | | | | | | | | | | | | | | | | | | | | | |

Remaining liabilities | | | | | | | | | | | | | | | | | | | | | |

ASSETS

Loans | | | | | | | | | | | | | | | | | | | |

Sec. other than shares | | | | | | | | | | | | | | | | | | | | | |

Total currencies | | | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | |

over 1 year | | | | | | | | | | | | | | | | | | | | | |

Euro | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | |

over 1 & up to 2 years | | | | | | | | | | | | | | | | | | | | | |

over 2 years | | | | | | | | | | | | | | | | | | | | | |

Foreign currencies | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | |

over 1 & up to 2 years | | | | | | | | | | | | | | | | | | | | | |

over 2 years | | | | | | | | | | | | | | | | | | | | | |

MMF shares/units | | | | | | | | | | | | | | | | | | | | | |

Shares and other equity | | | | | | | | | | | | | | | | | | | | | |

Remaining assets | | | | | | | | | | | | | | | | | | | | | |

MMFs — Reclassifications

Quarterly series

| (Monthly and quarterly) requirements addressed to MFIs by Regulation (EC) No 25/2009 (ECB/2008/32). |

| (Quarterly) requirements addressed to IFs by Regulation (EC) No 958/2007 (ECB/2007/8), to be reported for MMFs as memo items if available at NCBs. |

BALANCE SHEET ITEMS | A.Domestic | B.Other participating Member States | C.Rest of the world | D.Not allocated |

MFIs | Non-MFIs | MFIs | Non-MFIs | | |

General government | Other residents | General government | Other residents | Total | Banks | Non-banks |

Central government | Other general government | Total | OFIs (S.123) and financial auxiliaries (S.124) | Insurance corp. and pension funds (S.125) | Non-financial corp. (S.11) | Households etc. (S.14 + S.15) | Central government | Other general government | Total | OFIs (S.123) and financial auxiliaries (S.124) | Insurance corp. and pension funds (S.125) | Non-financial corp. (S.11) | Households etc. (S.14 + S.15) | General government | Other non-resident sectors |

LIABILITIES

Deposits | | | | | | | | | | | | | | | | | | | | | |

MMFs shares/units | | | | | | |

| | | | | | | | | | | | | | | | | | |

Capital & reserves | | | | | | | | | | | | | | | | | | | | | |

Remaining liabilities | | | | | | | | | | | | | | | | | | | | | |

ASSETS

Loans | | | | | | | | | | | | | | | | | | | |

Sec. other than shares | | | | | | | | | | | | | | | | | | | | | |

Total currencies | | | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | |

over 1 year | | | | | | | | | | | | | | | | | | | | | |

Euro | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | |

over 1 & up to 2 years | | | | | | | | | | | | | | | | | | | | | |

over 2 years | | | | | | | | | | | | | | | | | | | | | |

Foreign currencies | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | |

over 1 & up to 2 years | | | | | | | | | | | | | | | | | | | | | |

over 2 years | | | | | | | | | | | | | | | | | | | | | |

MMF shares/units | | | | | | | | | | | | | | | | | | | | | |

Shares and other equity | | | | | | | | | | | | | | | | | | | | | |

Remaining assets | | | | | | | | | | | | | | | | | | | | | |

MMFs — Revaluations

Quarterly series

| (Monthly and quarterly) requirements addressed to MFIs by Regulation (EC) No 25/2009 (ECB/2008/32). |

Under Article 8(2) of Regulation (EC) No 25/2009 (ECB/2008/32), NCBs may grant a derogation in respect of the reporting of revaluation adjustments to MMFs. |

Nevertheless, if the amounts involved are significant, NCBs are requested to provide information on a best effort basis. |

BALANCE SHEET ITEMS | A.Domestic | B.Other participating Member States | C.Rest of the world | D.Not allocated |

MFIs | Non-MFIs | MFIs | Non-MFIs | | |

General government | Other residents | General government | Other residents | Total | Banks | Non-banks |

Central government | Other general government | Total | OFIs (S.123) and financial auxiliaries (S.124) | Insurance corp. and pension funds (S.125) | Non-financial corp. (S.11) | Households etc. (S.14 + S.15) | Central government | Other general government | Total | OFIs (S.123) and financial auxiliaries (S.124) | Insurance corp. and pension funds (S.125) | Non-financial corp. (S.11) | Households etc. (S.14 + S.15) | General gov't | Other non-resident sectors |

LIABILITIES

Deposits | | | | | | | | | | | | | | | | | | | | | |

MMFs shares/units | | | | | | |

Capital & reserves | | | | | | | | | | | | | | | | | | | | | |

Remaining liabilities | | | | | | | | | | | | | | | | | | | | | |

ASSETS

Loans | | | | | | | | | | | | | | | | | | | |

Sec. other than shares | | | | | | | | | | | | | | | | | | | | | |

Total currencies | | | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | |

over 1 year | | | | | | | | | | | | | | | | | | | | | |

Euro | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | |

over 1 & up to 2 years | | | | | | | | | | | | | | | | | | | | | |

over 2 years | | | | | | | | | | | | | | | | | | | | | |

Foreign currencies | | | | | | | | | | | | | | | | | | | |

up to 1 year | | | | | | | | | | | | | | | | | | | | | |

over 1 & up to 2 years | | | | | | | | | | | | | | | | | | | | | |

over 2 years | | | | | | | | | | | | | | | | | | | | | |

MMF shares/units | | | | | | | | | | | | | | | | | | | | | |

Shares and other equity | | | | | | | | | | | | | | | | | | | | | |

Remaining assets | | | | | | | | | | | | | | | | | | | | | |

TABLE 2

MMFs — Stocks

Quarterly series

| (Quarterly) requirements addressed to MFIs by Regulation (EC) No 25/2009 (ECB/2008/32)." |

BALANCE SHEET ITEMS | All currencies | Euro | Other currencies |

| GBP | USD | JPY | CHF |

LIABILITIES

Deposits | | | | | | | |

Rest of the world (excluding EU) | | | | | | | |

from banks | | | | | | | |

| | | | | | |

ASSETS

Loans | | | | | | | |

Rest of the world | | | | | | | |

Securities other than shares | | | | | | | |

Domestic | | | | | | | |

issued by MFIs | | | | | | | |

issued by non-MFIs | | | | | | | |

Other participating Member States | | | | | | | |

issued by MFIs | | | | | | | |

issued by non-MFIs | | | | | | | |

Rest of the world | | | | | | | |

(e) Part 10 is deleted.

(f) Part 11 is replaced by the following:

"PART 11

Other financial intermediaries’ statistics (except investment funds and financial vehicle corporations)

Section 1: Reporting tables

Data to be reported for SDDs (security and derivative dealers), FCLs (financial corporations engaged in lending) and remaining OFIs (other financial intermediaries) are set out in the table below.

Data on SDDs, FCLs and remaining OFIs. Key indicators/memorandum items

Item name and maturity/geographical/sectoral breakdown | SDDs | FCLs | Remaining OFIs |

ASSETS

Deposits/world/total | Key | | |

Loans/world/total | | Key | |

Loans/world/MFIs | | Key | |

Loans/world/non-MFIs/total | | Key | |

Loans/world/non-MFIs/non-financial corporations | | Key | |

Loans/world/non-MFIs/households/total | | Key | |

Loans/world/non-MFIs/households/consumer credit | | Key | |

Loans/world/non-MFIs/households/lending for house purchase | | Key | |

Loans/world/non-MFIs/households/other purposes (residual) | | Key | |

Loans/domestic/total | | Key | |

Loans/domestic/MFIs | | Key | |

Loans/domestic/non-MFIs/total | | Key | |

Loans/domestic/non-MFIs/non-financial corporations | | Key | |

Loans/domestic/non-MFIs/households/total | | Key | |

Loans/domestic/non-MFIs/households/consumer credit | | Key | |

Loans/domestic/non-MFIs/households/lending for house purchase | | Key | |

Loans/domestic/non-MFIs/households/other purposes (residual) | | Key | |

Loans/other participating Member States/total | | Key | |

Loans/other participating Member States/MFIs | | Key | |

Loans/other participating Member States/non-MFIs/total | | Key | |

Loans/other participating Member States/non-MFIs/non-financial corporations | | Key | |

Loans/other participating Member States/non-MFIs/households/total | | Key | |

Loans/other participating Member States/non-MFIs/households/consumer credit | | Key | |

Loans/other participating Member States/non-MFIs/households/lending for house purchase | | Key | |

Loans/other participating Member States/non-MFIs/households/other purposes (residual) | | Key | |

Securities other than shares/world/total | Key | Key | |

Shares and other equity excluding investment fund shares/world/total | Key | Key | |

Investment fund shares/world/total | Key | | |

Financial derivatives/world/total | Key | | |

Other assets including "loans"/world/total | Key | | |

Other assets including "deposits", "cash", "investment fund shares", "fixed assets" and "financial derivatives"/world/total | | Key | |

Total assets/liabilities/world/total | Key | Key | Memo |

LIABILITIES

Deposits and loans taken/world/total | Key | Key | |

Debt securities issued/world/total | Key | Key | |

Capital and reserves/world/total | Key | Key | |

Financial derivatives/world/total | Key | | |

Other liabilities/world/total | Key | | |

Other liabilities including "financial derivatives"/world/total | | Key | |

Section 2: Instrument categories and valuation rules

In line with the European System of National and Regional Accounts in the Community (ESA 95), in principle assets and liabilities must be valued using current market prices on the date to which the balance sheet relates. Deposits and loans must be reported at face value, excluding accrued interests.

Assets

Total assets/liabilities: total assets must equal the sum of all items separately identified on the assets side of the balance sheet and should also equal total liabilities.

1. Deposits: this item [] consists of two main sub-categories: transferable deposits and other deposits. Holdings of currency must also be included under this item.

In the case of FCLs, this item should be allocated under "Other assets".

2. Loans: this item consists of:

- loans granted to households in the form of consumer credit i.e. loans granted for the purpose of personal use in the consumption of goods and services; lending for house purchases i.e. credit extended for the purpose of investing in housing, including building and home improvements; and other i.e. loans granted for purposes such as business, debt consolidation, education, etc.,

- financial leases granted to third parties,

- bad debt loans that have not yet been repaid or written off,

- holdings of non-negotiable securities,

- subordinated debt in the form of loans.

For the sub-category SDDs, loans must be allocated under "Other assets".

Valuation rules: loans made by OFIs must be recorded gross of all related provisions, both general and specific, until the loans are written off by the reporting institution, at which point the loans must be removed from the balance sheet.

In accordance with the general principle of accruals accounting, interest earned on loans must be subject to on-balance-sheet recording as it accrues i.e. on an accruals basis, rather than when it is actually received or paid i.e. on a cash basis. Accrued interest on loans must be classified on a gross basis under the category "Other assets".

3. Securities other than shares: this item includes holdings of securities which give the holder the unconditional right to a fixed or contractually determined income in the form of coupon payments and/or a stated fixed sum at a specific date or dates or starting from a date defined at the time of issue. It also includes negotiable loans that have been restructured into a large number of identical documents and that are traded on organised markets.

Valuation rules: in line with the ESA 95, securities other than shares must be reported at market value.

4. Shares and other equity excluding investment fund shares: this category comprises three main sub-categories:

- quoted shares, excluding investment fund shares: shares with prices quoted on a recognised stock exchange or other form of secondary market (ESA 95, paragraphs 5.88-5.93),

- unquoted shares, excluding investment fund shares: shares that are not quoted (ESA 95, paragraphs 5.88-5.93),

- other equity: all transactions in other equity that are not covered by quoted and unquoted shares (ESA 95, paragraphs 5.94-5.95).

Valuation rules: in line with the ESA 95, shares and other equities must be reported at market value.

5. Investment fund shares/units: investment fund shares/units must be considered exclusively MFI liabilities, i.e. only MMFs and investment funds classified as OFIs.

For the sub-category FCLs, investment fund shares/units must be allocated under "Other assets".

Valuation rules: in line with the ESA 95, investment fund shares/units must be reported at market value.

6. Financial derivatives: under this item, the following financial derivatives must be reported:

(i) options, tradable and OTC;

(ii) warrants;

(iii) futures, but only if they have a market value because they are tradable or can be offset;

(iv) swaps, but only if they have a market value because they are tradable or can be offset.

In the case of FCLs, this item should be allocated under "Other assets".

Derivatives must be recorded on the balance sheet on a gross basis. Individual derivative contracts with gross positive market values must be recorded on the asset side of the balance sheet and contracts with gross negative market values on the liability side. Gross future commitments arising from derivative contracts must not be entered as on-balance-sheet items. Financial derivatives may be recorded on a net basis according to different valuation methods. Where only net positions are available, or positions are recorded other than at market value, these positions must be reported as default.

7. Other assets: all amounts that cannot be allocated in one of the main balance sheet items (BSI) must be allocated in "Other assets". This item comprises assets such as accrued interest receivable on loans and accrued rent on buildings, dividends to be received, amounts receivable not related to the main OFI business, gross amounts receivable in respect of suspense items, gross amounts receivable in respect of transit items, other assets not separately identified, e.g. fixed assets, loans and deposits depending on the sub-category of OFI.

Liabilities

Total assets/liabilities: total liabilities must equal the sum of all items separately identified on the liability side of the balance sheet and also equal total assets (see also asset item "Total assets/liabilities").

1. Deposits and loans taken: this item consists of:

- deposits: transferable deposits and other deposits (see assets) placed with OFIs. These deposits are generally placed by MFIs,

- loans: loans granted to the reporting OFIs which are not evidenced by documents or are represented by a single document even if it has become negotiable.

2. Debt securities issued: in some countries, OFIs may issue negotiable instruments with characteristics that are similar to those of debt securities issued by MFIs. In this reporting scheme, all such instruments must be classified as debt securities.

3. Capital and reserves: this item comprises the amounts arising from the issue of equity capital by reporting OFIs to shareholders or other proprietors, representing for the holder property rights in the OFI and generally an entitlement to a share in its profits and a share in its own funds in the event of liquidation. Funds arising from undistributed benefits or funds set aside by reporting OFIs in anticipation of likely future payments and obligations are also included. Capital and reserves comprise the following elements:

- equity capital,

- undistributed benefits or funds,

- specific provisions against loans, securities and other types of assets,

- operating profit/loss.

4. Financial derivatives: see asset item "Financial derivatives".

5. Other liabilities: all amounts that cannot be allocated in one of these main items of the liability side must be allocated in "Other liabilities". This item comprises liabilities such as gross amounts payable in respect of suspense items, gross amounts payable in respect of transit items, accrued interest payable on deposits, dividends to be paid, amounts payable not related to the main OFI business, provisions representing liabilities against third parties, margin payments made under derivative contracts representing cash collateral placed to protect against credit risk but remaining in the ownership of the depositor and being repayable to the depositor when the contract is closed out, net positions arising from securities lending without cash collateral, net amounts payable in respect of future settlements of transactions in securities, other liabilities not separately identified, e.g. debt securities, financial derivatives depending on the sub-category of OFI.

Section 3: National explanatory notes

1. Data sources/data collection system: this must include:

- data sources used to compile OFI statistics, except insurance corporations and pension funds, e.g. statistical offices, direct reporting from OFIs and/or fund managers,

- details on the collection systems, e.g. voluntary reports, business surveys, sampling, reporting subject to the existence of thresholds and grossing up.

2. Compilation procedures: the method used to compile data must be described, e.g. detailed description of esti mates/assumptions made and how series are aggregated if two series have different frequencies.

3. Legal framework: comprehensive information on the institutions’ national legal framework must be provided. Links with Community legislation must be specifically outlined. If several types of institutions are included under the same category, information must be provided for all types of institutions.

4. Deviations from the ECB’s reporting instructions: NCBs must provide information on deviations from the reporting instructions.

Deviations from the reporting instructions may occur with respect to:

- instrument breakdown: the instrument coverage may differ from the ECB’s reporting instructions, e.g. two different instruments cannot be separately identified,

- geographical breakdown,

- sectoral breakdown,

- valuation methods.

5. Reporting population: The NCBs may classify in a specific OFI sub-category all institutions complying with the OFI definition. They must describe all institutions included in or excluded from each OFI sub-category. Where possible, NCBs must provide estimates of data coverage in terms of total assets of the reporting population.

6. Breaks in historical series: breaks and major changes over time in the collection, reporting coverage, reporting schemes and compilation of the historical series must be described. In the case of breaks, the extent to which old and new data may be considered comparable must be indicated.

7. Other comments: any other relevant comments or indications.

(g) Section 1 of Part 12 of Annex III is replaced by the following:

"Section 1: Introduction

Securities issues statistics for the euro area provide two main aggregates:

- all issues by euro area residents in any currency, and

- all issues made worldwide in euro, both domestic and international.

A principal distinction must be drawn on the basis of the residency of the issuer whereby the Eurosystem NCBs collectively cover all issues by the residents of the euro area. The Bank for International Settlements (BIS) reports issues by the "rest of the world" (RoW), referring to all non-euro area residents (including international organisations).

The chart below summarises the reporting requirements.

| Securities issues |

By euro area residents (each NCB reporting on its domestic residents) | By RoW residents (BIS/NCB) |

Non-participating Member States | Other countries |

In euro/national denominations | Block A | Block B |

In other currencies [9] | Block C | Block D not required |

(h) Sub-sections 4 and 5 of Section 2 of Part 12 of Annex III are replaced by the following:

"4. Classification of issues

Issues are analysed under two broad groupings: (1) debt securities i.e. securities other than shares excluding financial derivatives []; and (2) quoted shares excluding investment fund shares/units []. Private placements are covered as far as possible. Money market paper is included as part of debt securities. Unquoted shares and other equity may be reported on a voluntary basis as two separate memo items.

The following instruments contained in the BIS database are classified as debt securities in the securities issue statistics:

- certificates of deposit,

- commercial paper,

- treasury bills,

- bonds,

- euro commercial paper (ECP),

- medium-term notes,

- other short-term paper.

Non-exhaustive coverage of instruments in the securities issue statistics:

(a) Debt securities

(i) Short-term debt securities

The following instruments are included as a minimum:

- treasury bills and other short-term paper issued by general government,

- negotiable short-term paper issued by financial and by non-financial corporations. A variety of terms are used for such paper including: commercial paper, commercial bills, promissory notes, bills of trade, bills of exchange and certificates of deposit,

- short-term securities issued under long-term underwritten note issuance facilities,

- bankers’ acceptances.

(ii) Long-term debt securities

The following instruments are illustrative and included as a minimum:

- bearer bonds,

- subordinated bonds,

- bonds with optional maturity dates, the latest of which is more than one year away,

- undated or perpetual bonds,

- variable rate notes,

- convertible bonds,

- covered bonds,

- index-linked securities where the value of the principal is linked to a price index, the price of a commodity or to an exchange rate index,

- deep-discounted bonds,

- zero coupon bonds,

- euro bonds,

- global bonds,

- privately issued bonds,

- securities resulting from the conversion of loans,

- loans that have become negotiable de facto,

- debentures and loan stock convertible into shares, whether shares of the issuing corporation or shares of another company, so long as they have not been converted. Where separable from the underlying bond, the conversion option, considered to be a financial derivative, is excluded,

- shares or stocks that pay a fixed income but do not provide for participation in the distribution of the residual value of the corporation on dissolution, including non-participating preference shares,

- financial assets issued as part of the securitisation of loans, mortgages, credit card debt, accounts receivable and other assets.

The following instruments are excluded:

- transactions in securities as part of repurchase agreements,

- issues of non-negotiable securities,

- non-negotiable loans.

Long-term debt securities issues are divided into:

- fixed rate issues, i.e. bonds whose nominal coupon payment does not change during the life of the issue,

- variable rate issues, i.e. bonds where the coupon rate or underlying principal are linked to an interest rate or some other index resulting in a variable nominal coupon payment over the life of the issue,

- zero coupon issues, i.e. instruments that do not pay any periodic coupon payments. Usually such bonds are issued at discount and redeemed at par. Most of the discount represents the equivalent of the interest accrued during the life of the bond.

(b) Quoted shares

Quoted shares include:

- capital shares issued by limited liability companies,

- redeemed shares in limited liability companies,

- dividend shares issued by limited liability companies,

- preferred or preference stocks or shares which provide for participation in the distribution of the residual value on dissolution of a corporation. These may be quoted or unquoted on a recognised exchange,

- private placements where possible.

If a company is privatised and the government keeps part of the shares but the other part is quoted on a regulated market, the whole value of the company’s capital is recorded within the outstanding amounts of quoted shares, since all shares could potentially be traded at any time at market value. The same applies if part of the shares is sold to large investors and only the remaining part, i.e. free float, is traded on the stock exchange.

Quoted shares exclude:

- shares offered for sale but not taken up on issue,

- debentures and loan stock convertible into shares. These are included once they are converted into shares,

- the equity of partners with unlimited liability in incorporated partnerships,

- government investments in the capital of international organisations which are legally constituted as corporations with share capital,

- issues of bonus shares at the time of issue only and split share issues. Bonus shares and split shares are however included indistinguishably in the total stock of quoted shares.

5. Currency of issue

Dual currency bonds, where the bond is redeemed or the coupon paid in a different currency from the denomination of the bond, must be classified according to the denomination of the bond. If a global bond is issued in more than one currency, each portion must be reported as a separate issue, according to its currency of issue. Where issues are denominated in two currencies, for example 70 % in euro and 30 % in US dollars, the relevant components of the issue must be reported separately where possible according to the currency denomination. Hence 70 % of the issue must be reported as issues in euro/national denominations [] and 30 % as issues in other currencies. Where it is not possible to separately identify the currency components of an issue, the actual breakdown made by the reporting country must be indicated in the national explanatory notes.

Quoted shares must be assumed to be issued in the currency of the corporation’s country of residence; issues of shares in other currencies are negligible or non-existent. Hence, the data on quoted shares refer to all issues by euro area residents.

(i) The following Part 12a is inserted:

"PART 12a

Additional monthly MFI interest rate statistics (to be transmitted to the ECB by close of business on the 19th working day after the end of the reference month)

TABLE 1 [13]

| Sector | Type of instrument | Initial period of interest rate fixation | New business indicator | Reporting obligation |

Loans (in EUR) | To non-financial corporations | Loans up to an amount of EUR 1 million | Floating rate and up to 1 year period of initial rate fixation | 24 | AAR/NDER, amount |

Over 1 and up to 5 years period of initial rate fixation | 25 | AAR/NDER, amount |

Over 5 years period of initial rate fixation | 26 | AAR/NDER, amount |

Loans over an amount of EUR 1 million | Floating rate and up to 1 year period of initial rate fixation | 27 | AAR/NDER, amount |

Over 1 and up to 5 years period of initial rate fixation | 28 | AAR/NDER, amount |

Over 5 years period of initial rate fixation | 29 | AAR/NDER, amount |

TABLE 2 [14]

| Sector | Type of instrument | New business indicator | Reporting obligation |

Loans (in EUR) | To households | Revolving loans and overdrafts, convenience and extended credit card debt | 86 | AAR/NDER, amount |

To non-financial corporations | Revolving loans and overdrafts, convenience and extended credit card debt | 87 | AAR/NDER, amount |

(j) Sections 1 and 2 of Part 13 are replaced by the following:

"Section 1: Settlement media

Settlement media are assets or claims on assets which are used for payments.

TABLE 1

Settlement media used by non-MFIs []

(EUR million) |

| Items |

| I.NCB liabilitiesDeposits held at NCB | II.Other MFI liabilitiesDeposits held at other MFIs |

I.a.Overnight deposits — euro | of domestic central government | of domestic central government |

of other euro area Member States central governments | of euro area central governments |

of rest of the world, except banks | of rest of the world, except banks |

I.b.Overnight deposits — Other currencies | of domestic central government | of domestic central government |

of other euro area Member States central governments | of euro area central governments |

of rest of the world, except banks | of rest of the world, except banks |

I.c.Transferable deposits [16] — All currencies | of domestic general government | of domestic general government |

of domestic other resident sectors | of domestic other resident sectors |

of other euro area Member States general governments | of other euro area Member States general governments |

of other euro area Member States other resident sectors | of other euro area Member States other resident sectors |

of rest of the world, except banks | of rest of the world, except banks |

TABLE 2

Settlement media used by credit institutions

(EUR million)

Items

Overnight deposits in euro held at other credit institutions (end of period)

Transferable overnight deposits in euro held at other credit institutions (end of period)

Memorandum item:

Intraday borrowing in euro from the central bank (average for last reserve maintenance period) [17]

Section 2: Institutions offering payment services

Institutions offering payment services are legally independent institutions operating in the reporting country, and are:

- the central bank,

- credit institutions legally incorporated in the reporting country (includes "Electronic money institutions"),

- branches of euro area-based credit institutions,

- branches of EEA-based credit institutions outside the euro area,

- branches of non-EEA-based banks,

- other institutions offering payment services to non-MFIs.

TABLE 3

Institutions offering payment services to non-MFIs []

Items |

Central bank | Number of offices |

Number of overnight deposits held by non-MFIs [18] (thousands) |

Number of transferable overnight deposits [19] |

Credit institutions irrespective of their legal incorporation | Number of overnight deposits held by non-MFI [18] (thousands) of which: Internet/PC-linked [18] (thousands) |

Number of transferable overnight deposits held by non-MFI [18], [19] (thousands) of which: Internet/PC-linked [18], [19] (thousands) |

—Credit institutions legally incorporated in the reporting country | Number of institutions [20] |

Number of offices |

Value of overnight deposits held by non-MFI (euro million) |

Value of transferable overnight deposits [21] |

—Branches of euro area-based credit institutions | Number of institutions [20] |

Number of offices |

Value of overnight deposits held by non-MFI (euro million) |

Value of transferable overnight deposits [21] |

—Branches of EEA-based credit institutions outside the euro area | Number of institutions [20] |

Number of offices |

Value of overnight deposits held by non-MFI (euro million) |

Value of transferable overnight deposits [21] |

—Branches of non-EEA-based banks | Number of institutions [20] |

Number of offices |

Value of overnight deposits held by non-MFI (euro million) |

Value of transferable overnight deposits [21] |

Other institutions offering payment services to non-MFIs | Number of institutions [20] |

Number of offices |

Number of overnight deposits held by non-MFIs [18] (thousands) |

Value of overnight deposits held by non-MFI (euro million) |

Value of transferable overnight deposits [21] |

Memorandum items Electronic money institutions | Number of institutions [20] |

Outstanding value of e-money issued by electronic money institutions and held by entities other than the issuer, including credit institutions other than the issuer (euro million) |

- Number of offices includes the head office of the institution if it offers payment services with cashless clearing and settlement. Mobile offices are not included. Each place of business set up in the same reporting country is counted separately,

- Internet/PC-linked deposits: deposits which can be accessed and used electronically via the Internet or PC banking using dedicated software and telephone lines. Deposits with telephone or mobile phone banking access are not included, unless they are also accessible via Internet or PC banking applications.

(k) The introductory part of Section 5 of Part 13 is replaced by the following:

"Interbank funds transfer systems (IFTSs) are included, whether managed by a central bank or a private operator. Figures are provided on a system-by-system basis. Only systems handling a significant volume of business are listed. Mostly these are the systems mentioned in the textual part of the Blue Book. Systems are included if they were operational during any of the previous five reference years.

IFTSs are divided into TARGET2/TARGET components and non-TARGET payment systems:

- a TARGET2/TARGET component is a national real-time gross settlement (RTGS) system which is a part of TARGET2/TARGET as identified in Guideline ECB/2007/2 of 26 April 2007 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) [] or in Guideline ECB/2005/16 of 30 December 2005 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET) [], the ECB payment mechanism (EPM) or the RTGS system of a Member State that had not yet adopted the euro but was connected directly to TARGET and signed a TARGET Agreement,

- a non-TARGET payment system is an IFTS which is not a component part of TARGET2/TARGET.

(l) Table 7 of Part 13 is replaced by the following:

"TABLE 7

Participation in selected interbank funds transfer systems [24]

Items |

TARGET component | Non-TARGET payment system [refer to list of payment systems] |

LVPS [reported separately for each LVPS 1, 2, 3, 4] | Retail system [reported separately for each retail payment system 1, 2, 3, 4, 5, 6] |

Number of participants (a)Direct participantsof which:Credit institutionsCentral bankOther direct participantsof which:Public administrationPostal institutionClearing and settlement organisationsOther financial institutionsOthers(b)Indirect participants | Number of participants (a)Direct participantsof which:Credit institutionsCentral bankOther direct participantsof which:Public administrationPostal institutionClearing and settlement organisationsOther financial institutionsOthers(b)Indirect participants | Number of participants (a)Direct participantsof which:Credit institutionsCentral bankOther direct participantsof which:Public administrationPostal institutionClearing and settlement organisationsOther financial institutionsOthers(b)Indirect participants |

(m) The "List of payment systems in Tables 7, 8 and 9" at the end of Part 13 is deleted.

(n) The following Part 16 is inserted:

"PART 16

Loans to non-financial corporations by branch of activity

NCBs either report data for individual sections in accordance with Template I or, if data is not available for individual sections, in accordance with Template II.

NCBs report amounts outstanding in respect of loans to domestic non-financial corporations (NFCs) and loans to other participating Member States’ non-financial corporations (where available) separately. All data is reported in EUR million.

Note: Letters refer to the corresponding NACE Rev.2 classification."

Template I | Template II |

1 | A.Agriculture, forestry and fishing | 1 | A.Agriculture, forestry and fishing |

2 | B.Mining and quarrying | 2 | B.Mining and quarrying |

3 | C.Manufacturing | 3 | C.Manufacturing |

4 | D.Electricity, gas, steam and air conditioning supply | 4 | D.Electricity, gas, steam and air conditioning supply+E.Water supply, sewerage, waste management and remediation activities |

5 | E.Water supply, sewerage, waste management and remediation activities |

6 | F.Construction | 5 | F.Construction |

7 | G.Wholesale and retail trade. Repair of motor vehicles and motorcycles | 6 | G.Wholesale and retail trade. Repair of motor vehicles and motorcycles |

8 | I.Accommodation and food service activities | 7 | I.Accommodation and food service activities |

9 | H.Transportation and storage | 8 | H.Transportation and storage+J.Information and communication |

10 | J.Information and communication |

11 | L.Real estate activities | 9 | L.Real estate activities+M.Professional, scientific and technical activitiesN.Administrative and support service activities |

12 | M.Professional, scientific and technical activities |

13 | N.Administrative and support service activities |

14 | All remaining sections relevant for the NFCs | 10 | All remaining sections relevant for the NFCs |

2. Annex IV is amended as follows:

(a) Point 3.1 in Part 2 is replaced by the following:

"3.1. The DSI "ECB_BSI1" is used to define the series keys for data on:

- MFIs balance sheet statistics,

- e-money,

- credit institutions balance sheet statistics,

- MMF balance sheet statistics,

- central government deposit liabilities and holdings of cash and securities,

- memo items,

- supplementary BSI data reported by the NCBs to the IMF by using the ECB gateway services,

- securitised and sold MFI loans to third parties,

- reserve base statistics,

- data on macro ratio,

- data on loans to non-financial corporations broken down by branch of activity."

(b) The table entitled "UNIT (Unit)" in Section 3 of Part 4 is replaced by the following:

"UNIT (Unit)

BSI | For euro area Member States: EUR |

SSI | For euro area Member States: EUR For series reported as absolute values and for indices: PURE_NUMB For the series reported as percentages: PCT |

OFI | For euro area Member States: EUR |

MIR | For business volumes: EUR For interest rates: PCPA |

SEC | For euro area Member States: EUR |

PSS | For series on original units (Annex III, Part 13, Tables 4, 5, 7 and 8) and series on concentration ratios (Annex III, Part 13, Tables 8 and 9): PURE_NUMB For series on value of transactions on TARGET2 (Annex III, Part 13, Table 8): EUR For series on value of transactions by participating Member States (Annex III, Part 13, Tables 6 and 9): EUR |

IVF | For euro area Member States: EUR" |

3. Annex V is amended as follows:

(a) Point 2 of sub-section 3 of Section 1 of Part 2 is replaced by the following:

"2. Changes in classification occur for a number of reasons. A change in the sectoral classification of counterparties may occur because a public sector body is transferred to the private sector or because mergers/de-mergers alter the principal activity of corporations."

(b) In sub-section 1 of Section 2 of Part 3 the following point 4 is added:

"4. Write-downs that occur at the time when a loan is securitised and write-downs/write-offs on serviced loans are reported to the ECB on a best effort basis in accordance with Table 3 [].

(c) Point 5 of sub-section 2 of Section 2 of Part 3 is replaced by the following:

"5. The Regulation allows flexibility in terms of the type of data needed to calculate the price revaluation of securities and the form in which these data are collected and compiled. The decision on the method is left to the NCBs, based on the following options:

— MFIs to report adjustments : MFIs report the adjustments applicable to each item, reflecting the valuation changes due to change in prices. NCBs that choose this method aggregate the adjustments reported by MFIs for the submission of data to the ECB,

— MFIs to report transactions : MFIs accumulate transactions during the month and transmit the value of purchase and sale of securities to the NCB. The compilation and submission to the NCB of net transactions is acceptable. NCBs that receive transactions data have to calculate the "revaluation adjustment" as a residual from the difference between the stocks and the transactions and other adjustments, and submit the revaluation adjustment to the ECB in accordance with this Guideline,

— security-by-security reporting : MFIs report to NCBs all relevant information on holdings of securities, such as the nominal (i.e. face) value, accounting (i.e. book) value, market value, sales and purchases, on a security-by-security basis. This information permits NCBs to obtain accurate information on the "revaluation adjustment" to be submitted to the ECB. This method is intended to accommodate NCBs that already follow such an approach in collecting data at a local level."

(d) Appendix III is deleted.

4. Annex VI is amended as follows:

(a) Part 1 is replaced by the following:

"PART 1

Variables for the purpose of the list of MFIs for statistical purpose

Variable name | Variable description | Status |

object_request | This specifies the type of monetary financial institution (MFI) update sent and can take one of seven predefined values: "mfi_req_new"specifies that information on a new MFI is given,"mfi_req_mod"specifies that information on modifications to an existing MFI is given,"mfi_req_del"specifies that information on an existing MFI to be deleted is given,"mfi_req_merger"specifies that information on institutions involved in a merger [26] is given,"mfi_req_realloc"specifies that reallocation of a deleted mfi_id to a new MFI is required,"mfi_req_mod_id_realloc"specifies that a change of the mfi_id of an existing MFI to that of a deleted MFI is required,"mfi_req_mod_id"specifies that a change of "mfi_id" is required. | Mandatory |

mfi_id | This is the primary key for the MFI dataset. It specifies the unique identification code (hereinafter the "id code") of the MFI, and is comprised of two parts: "host" and "id". The values for the two parts combined should ensure that the "mfi_id" is unique to that MFI. | Mandatory |

host | This variable specifies the country of registration of the MFI, given as a two-character country ISO code. | Mandatory when part of id code |

id | This specifies the id code for the MFI (without the "host" two-character ISO country code as a prefix) | Mandatory when part of id code |

name | This specifies the full registration name of the MFI, including the company designation (i.e. Plc, Ltd, SpA, etc.). | Mandatory |

address | This specifies the location details of the MFI, and is composed of four parts: "postal_address", "postal_box", "postal_code" and "city". | Mandatory for "new" and "mod" requests |

postal_address | This specifies the street name and the building number. | Mandatory for "new" and "mod" requests |

postal_box | This specifies the post office box number, using national box convention systems. | Mandatory for "new" and "mod" requests |

postal_code | This specifies the post code, using the national postal systems conventions. | Mandatory for "new" and "mod" requests |

city | This specifies the city of location. | Mandatory for "new" and "mod" requests |

category | This indicates the type of MFI, and can have one of four predefined values: "central bank", "credit institution", "money market fund" or "other institution". | Mandatory for "new" and "mod" requests |

report | This indicates whether or not the MFI reports monthly balance sheet statistics and can take one of two predefined values which are mutually exclusive: (i) "true" when the MFI is subject to the full reporting requirements; or (ii) "false" when the MFI is not subject to the full reporting requirements. | Mandatory for "new" and "mod" requests |

order_r | This indicates the desired order of the list of MFIs if the English alphabetical order does not apply. A numeric value must be assigned to each MFI in ascending order. | Non-mandatory |

head_of_branch | This indicates that the MFI is a foreign branch. This can take one of three values: "non_eu_head", "eu_non_mfi_head" and "eu_mfi_head". | Mandatory for foreign branches |

non_eu_head | This indicates that the head office is extra EU resident, and is composed of two parts: "host" and "name". | Mandatory for foreign branches |

eu_non_mfi_head | This indicates that the head office is an EU resident and is not an MFI. This is comprised of two parts: "non_mfi_id" (country of registration and identification code) and "name" (name of the head office). The identification code of the non-MFI can be either "OFI" (other financial institution) or a two-character ISO country code followed by a suffix referring to the appropriate sectoral classification of the ESA 95. | Mandatory for foreign branches |

eu_mfi_head | This indicates that the head office is an EU resident and an MFI. The value for this variable is comprised of "mfi_id". | Mandatory for foreign branches |

sub-merger | This is used to report institutions sharing the same "date" of legal effect of merger activity, and is composed of four parts: "date", "comment", "involved_mfi" and "involved_non_mfi". | Mandatory for mergers |

involved_mfi | This specifies that an MFI is involved in a cross-border merger. The value for this variable is comprised of "mfi_ref". | Mandatory for cross-border mergers |

involved_non_mfi | This specifies that a non-MFI is involved in the merger. The value for this variable is comprised of "non_mfi_obj". | Mandatory for mergers |

mfi_ref | This specifies details of an MFI involved in a cross-border merger, and is composed of two parts: "mfi_id" and "name". | Mandatory for cross-border mergers |

non_mfi_obj | This specifies details of a non-MFI involved in a merger with an MFI, and is composed of two parts: "non_mfi_id" and "name". | Mandatory for mergers |

non_mfi_id | This specifies details of a non-MFI involved in a merger with an MFI, and is comprised of two parts: "host" and "id". | Mandatory for mergers |

(b) Part 2 is deleted.

5. Annex VII is amended as follows:

(a) Part 1 is replaced by the following:

"PART 1

Variables for reporting the list of investment funds for statistical purposes

Variable name | Variable description | Status |

object_request | This variable specifies the type of investment fund (IF) update sent and may have one of eight predefined values: "if_req_new"information on a new IF"if_req_mod"information on modifications to an IF"if_req_del"information on an IF to be deleted"if_req_merger"information on institutions involved in a merger [27]"if_req_realloc"reallocation of a deleted if_id to a new IF"if_req_mod_id_realloc"a change of the if_id of an IF to that of a deleted IF"if_req_mod_id"a change of "if_id""if_req_nav"information on the net asset value (NAV) per investment fund | Mandatory |

If_confidentiality_flag | This variable indicates the confidentiality status of the entire record. One of three pre-defined values should be selected: "F" (free, not confidential), "N" (confidential; may be released for European System of Central Banks (ESCB) use only; not for external release) or "C" (confidential; not for release to the ESCB or the public) If partial confidentiality of any one particular variable is required, the value "F" must be used | Mandatory |

if_id | The primary key for the IF dataset specifying the unique IF’s identification code (hereinafter the "id code"), and is comprised of two parts: "host" and "id". The values for the two parts combined ensure that the "if_id" is unique to that IF | Mandatory |

host | The two-character country ISO code for the IF’s country of registration — one of two parts of the "if_id" variable — see above | Mandatory when part of id code |

id | The IF’s id code — one of two parts of the "if_id" variable — see above | Mandatory when part of id code |

name | The IF’s full registration name, including the company designation i.e. Plc, Ltd, SpA, etc. | Mandatory |

address | The IF’s location details, or its management company where applicable composed of four parts: "postal_address", "postal_box", "postal_code" and "city" | Mandatory for "new" and "mod" requests |

postal_address | The street name and the number of the building | Mandatory for "new" and "mod" requests |

postal_box | The post office box number, using national box convention systems | Mandatory for "new" and "mod" requests |

postal_code | The post code, using the national postal system conventions | Mandatory for "new" and "mod" requests |

city | The city of location | Mandatory for "new" and "mod" requests |

management company name | The full, registered name of the IF’s management company. If this information is missing, the value "not available" (where the IF has a management company) or "not applicable" (where the IF does not have a management company) must be reported | Mandatory |

management company name_confidentiality_flag | This variable indicates the confidentiality status of the information on the management company name One of three pre-defined values should be selected: "F" (free, not confidential), "N" (confidential; may be released for ESCB use only; not for external release) or "C" (confidential; not for release to the ESCB or to the public) | Mandatory |

investment policy | The type of asset in which the investment portfolio is primarily invested. Seven pre-defined values are possible: "bonds", "equities", "hedge", "mixed", "real estate", "other" or "not available" | |

investment policy_confidentiality_flag | This variable indicates the confidentiality status of the information on the investment policy One of three pre-defined values should be selected: "F" (free, not confidential), "N" (confidential; may be released for ESCB use only; not for external release) or "C" (confidential; not for release to the ESCB or to the public) | Mandatory |

variability of the capital | This variable specifies the legal form which the IF can take, and can have one of three predefined values: "open-end" or "closed-end" or "not available" | Mandatory |

variability of the capital_confidentiality_flag | This variable indicates the confidentiality status of the information on the variability of capital One of three pre-defined values should be selected: "F" (free, not confidential), "N" (confidential; may be released for ESCB use only; not for external release) or "C" (confidential; not for release to the ESCB or to the public) | Mandatory |

structure_1 | This variable specifies the IF structure and can have one of three predefined values: "UCITS" [28] or "non-UCITS" or "not available" | Mandatory |

structure_1_confidentiality_flag | This variable indicates the confidentiality status of the information on the variable structure_1 One of three pre-defined values should be selected: "F" (free, not confidential), "N" (confidential; may be released for ESCB use only; not for external release) or "C" (confidential; not for release to the ESCB or to the public) | Mandatory |

structure_2 | More detailed information on the investment fund structure with one of 11 predefined values. Refer to Part 2 below | Mandatory |

structure_2_confidentiality_flag | This variable indicates the confidentiality status of the information on the variable structure_2 One of three pre-defined values should be selected: "F" (free, not confidential), "N" (confidential; may be released for ESCB use only; not for external release) or "C" (confidential; not for release to the ESCB or to the public) | Mandatory |

sub-fund | This variable specifies whether the investment fund is a sub-fund or otherwise and can have one of four predefined values: "yes" or "no" or "not available" or "not applicable" | Mandatory |

sub-fund_confidentiality_flag | This variable indicates the confidentiality status of the information on the variable sub-fund One of three pre-defined values should be selected: "F" (free, not confidential), "N" (confidential; may be released for ESCB use only; not for external release) or "C" (confidential; not for release to the ESCB or to the public) | Mandatory |

ISIN codes | This variable specifies the ISIN [29] codes for each share class per investment fund. The variable is composed of several parts including reference to: "ISIN_1", "ISIN_2", "ISIN_3", "ISIN_4" and "ISIN_n". All applicable ISIN codes per investment fund must be reported. If reporting an IF for which ISIN codes are not applicable, the 12 characters term "XXXXXXXXXXXX" must be reported for "ISIN_1" | Mandatory |

If_req_nav | This variable specifies that information on the net asset value of the investment fund is being sent. It is composed of two parts: "if_nav_value" and "if_nav_date". If this information is missing, the value "not available" must be reported | Mandatory on an annual basis |

nav_confidentiality_flag | This variable indicates the confidentiality status of the information on the net-asset value One of three pre-defined values should be selected: "F" (free, not confidential), "N" (confidential; may be released for ESCB use only; not for external release) or "C" (confidential; not for release to the ESCB or to the public) | Mandatory |

sub-merger | This variable is used to report institutions sharing the same "date" of legal effect of merger activity, and is composed of four parts: "date", "comment", "involved_if" and "involved_non_if" | Mandatory for mergers |

involved_if | This variable specifies that an IF is involved in a cross-border merger. Value for this variable is comprised of "if_ref" | Mandatory for cross-border mergers |

involved_non_if | This variable specifies that an entity which is not an IF is involved in the merger with an IF. Value for this variable is comprised of "non_if_obj" | Mandatory for mergers |

if_ref | This variable specifies details of an IF involved in a cross-border merger, and is composed of two parts: "if_id" and "name" | Mandatory for cross-border mergers |

non_if_obj | This variable specifies details of a entity which is not an IF involved in a merger with an IF, and is composed of two parts: "non_if_id" and "name" | Mandatory for mergers |

non_if_id | This variable specifies details of an entity which is not an IF involved in a merger with an IF, and is comprised of two parts: "host" and "id" | Mandatory for mergers |

free_text | Explanatory information on the investment fund | |

(b) Part 3 is deleted.

6. Annex VIII is amended as follows:

(a) In Part 1 the description of the variable "ISIN codes" is replaced by the following:

"This variable specifies the ISIN [] codes of all securities issued by the FVC. The variable is composed of several parts including reference to: "ISIN_1", "ISIN_2", "ISIN_3", "ISIN_4" and "ISIN_n". As a minimum requirement, at least one ISIN code (ISIN_1) must be reported. If reporting an FVC for which ISIN codes are not applicable, or not available, the 12 characters term "XXXXXXXXXXXX" must be reported for "ISIN_1".

(b) Part 2 is deleted.

[*] Reclassification adjustments are to be transmitted to the ECB for all cells; revaluation adjustments only for cells marked with a #.

[**] Only reclassification adjustments are to be transmitted to the ECB in respect of this table.

[***] Reclassification adjustments only apply in respect of cells 568 to 613; write-down adjustments apply throughout."

[4] Central counterparties.

[5] Sole proprietors/unincorporated partnerships.

[6] Sole proprietors/unincorporated partnerships.

[] OJ L 250, 2.10.2003, p. 10."

[] In the MFI balance sheet no distinction is made between deposits and loans on the asset and liability side. Instead, all non-negotiable funds placed with/lent to MFIs (= liabilities) are deemed to be in "deposits" and all funds placed by/lent by the MFIs (= assets) are deemed to be "loans". However, the ESA 95 outlines the difference based on the criterion of who initiates the transaction. Where the borrower takes the initiative, the financial transaction must be classified as a loan. Where the lender takes the initiative, the transaction must be classified as a deposit."

[] "Other currencies" refers to all other currencies, including the national currencies of non-participating Member States."

[] ESA 95 category F.33.

[] ESA 95 category F.511.

[] Block A for NCBs and Block B for the BIS."

[] An annualised agreed rate (AAR) or narrowly defined effective rate (NDER) is reported for the categories included in Table. The reporting of the AAR/NDER is accompanied by the related new business volumes if indicated in the Table by the word "amount".However, in the case of revolving loans and overdrafts and convenience and extended credit card debt, the concept of new business volumes is equivalent to outstanding amounts.Indicators 24 to 29 are calculated on the basis of items 37 to 54 in Appendix 2 of Annex II to Regulation (EC) No 63/2002 (ECB/2001/18). Interest rates are calculated as weighted averages of the corresponding items in Appendix 2 of Annex II to Regulation (EC) No 63/2002 (ECB/2001/18) while new business volumes should be sum of the corresponding items in Appendix 2 of Annex II to Regulation (EC) No 63/2002 (ECB/2001/18).

[] An annualised agreed rate (AAR) or narrowly defined effective rate (NDER) is reported for the categories included in the Table. The reporting of the AAR/NDER is accompanied by the related new business volumes if indicated in the Table by the word "amount".However, in the case of revolving loans and overdrafts and convenience and extended credit card debt, the concept of new business volumes is equivalent to outstanding amounts.Indicators 86 and 87 are calculated on the basis of items 12, 23, 32 and 36 in Appendix 2 of Annex II to Regulation (EC) No 63/2002 (ECB/2001/18), and the outstanding amounts reported for convenience and extended credit card credit and revolving loans and overdrafts in accordance with Regulation (EC) No 25/2009 (ECB/2008/32). Interest rates are calculated as weighted averages of the corresponding items in Appendix 2 of Annex II to Regulation (EC) No 63/2002 (ECB/2001/18), taking a zero interest rate for convenience credit card credit. Indicators 86 and 87 are intended to provide continuity with the indicators 12 and 23 (overdrafts) as previously defined in Regulation (EC) No 63/2002 (ECB/2001/18), i.e. prior to their amendment by Regulation (EC) No 290/2009 (ECB/2009/7)."

[] End of period.

[16] As from June 2010 end-month reference period (2011 data submission).

[17] Total value of credit extended by the central bank to credit institutions and reimbursed within a period of less than one business day. This is the average of the daily maximum value of simultaneous and actual intraday overdraft positions or drawings on intraday credit facilities during the day for all credit institutions taken together. All days in the maintenance period, including weekends and bank holidays, are considered in the average.

[18] If a non-MFI maintains several accounts, each account is counted separately.

[19] As from 2010 end-year reference period (2011 data submission).

[20] Each institution is counted once, irrespective of the number of offices it maintains in the country. The sub-categories of institutions are mutually exclusive. The total number of institutions is the sum of all sub-categories. Institutions are included from the first time that they are reported to the ECB for the purposes of MFI statistics.

[21] As from Q2 2010 end-quarter data reference period (2011 data submission).

[] OJ L 237, 8.9.2007, p. 1.

[] OJ L 18, 23.1.2006, p. 1."

[] End of period, original units."

[] Write-offs/write-downs on loans for which the MFI acts as a servicer may occur because the loans are still subject to on-balance sheet recording, either on the individual accounts of the MFI or at group level, and the servicing data reported to the NCB is sourced from these. They may also occur when the servicer must state a reduced principal loan balance for impaired loans in order to be in compliance with the investor agreements."

[] Unless explicitly stated otherwise, the term "mergers" refers to domestic mergers."

[] Unless explicitly stated otherwise, the term "mergers" refers to domestic mergers.

[] Council Directive 85/611/EEC of 20 December 1985 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (OJ L 375, 31.12.1985, p. 3).

[] International securities identification number: a code uniquely identifying a securities issue, composed of 12 alphanumeric characters."

[] International Securities Identification Number: a code uniquely identifying a securities issue composed of 12 alphanumeric characters."

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