Minimum reserves and liquidity - ECB Statistical Data Warehouse

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Dataset Level Metadata

BSI - Balance Sheet Items



ADMINISTRATIVE INFORMATION
	Title	BSI - MFI Balance Sheet Items
	Data source	National Central Banks (NCBs) and ECB
	Contact email address	Statistical Information Request form
	Contact organisation	European Central Bank

TECHNICAL INFORMATION
	Dataset last update in SDW	2021-01-08 18:26:25
	Catalog	Download the series catalogue of the dataset BSI in CSV format, i.e. full list of series and associated metadata: Excel 2013 (zipped) or the earlier Excel versions.

LEGAL AND INSTITUTIONAL ENVIRONMENT
	Institutional mandate	The framework for the collection of BSI statistics is laid down in the ECB Regulation concerning the balance sheet of the monetary financial institutions sector (ECB/2013/33). This Regulation is complemented by Guideline ECB/2014/15. More information on legal framework is available here.
	Legal acts and other agreements	Regulation ECB/2013/33 concerning the balance sheet of the monetary financial institutions sector (recast) Guideline of the European Central Bank of 4 April 2014 on monetary and financial statistics (recast) (ECB/2014/15) (2014/810/EU) Manual on MFI balance sheet statistics.

SCOPE
	Data presentation - Summary description	BSI statistics are based on either the aggregated or the consolidated balance sheet of the monetary financial institutions (MFI) sector. The aggregated balance sheet is the sum of the balance sheets of all MFIs resident in the euro area. The consolidated balance sheet is obtained by netting the aggregated balance sheet positions between MFIs in the euro area. The consolidated balance sheet provides the basis for the regular analysis of euro area monetary aggregates and counterparts.
	Data presentation - Detailed description	BSI statistics comprise: Monetary aggregates and counterparts MFI balance sheets Credit institutions and money market funds Electronic money Estimated MFI loans to NFCs by economic activity (NACE) Data Structure Definition of the BSI Dataflow is available here.
	Statistical population	All MFIs (see ECB website for a precise definition and a list of MFIs) in the euro area are legally obliged to report data from their business and accounting systems to the national central banks of the Member States where they reside. These in turn report national aggregates to the ECB. Data collection is based on a census rather than a sample. Nonetheless, national central banks can, at their discretion, offer MFIs exemptions from full reporting on a national basis, provided that the MFIs supplying a full statistical return make up at least 95% of the total national MFI balance sheet (modified census). Some monetary assets/liabilities of central government (post office,treasury) are also included in this dataset.
	Reference area coverage	Euro area, although a more limited dataset is available for non-euro area Member States.
	Sector coverage	Counterparty sectorisation is available for many of the MFIs" balance sheet positions, and follows ESA 2010 sectorisation rules.

METHODOLOGICAL INFORMATION
	Source data type	The primary data collected from reporting agents are stock data from their business and accounting systems. Stock data refer to the last day of the period (month or quarter), either the last working day or the last calendar day, depending on national practice. Reporting agents and/or national central banks also provide the necessary data to compute the adjustments to the stock data that are needed for the derivation of transactions, namely reclassifications, and revaluation adjustments.
	Time period	Monthly or quarterly.
	Time period - collection	End of period.
	Frequency of data collection	Monthly, except for certain detailed breakdowns which are collected quarterly or annually.
	Statistical concepts and definitions	For information about the naming convention (series key dimensions and metadata), refer to the BSI underlying DSD (ECB_BSI1) maintained by the ECB.

STATISTICAL PROCESSING
	Data compilation	Aggregation and consolidation Data are aggregated across individual MFIs in each Member State by national central banks to derive national contributions to the euro area aggregated balance sheet of the MFI sector. The ECB aggregates national contributions to obtain the aggregated balance sheet of the euro area MFI sector. The ECB then nets out the inter-MFI positions from the aggregated balance sheet to obtain the consolidated balance sheet of the euro area. Finally, the computation of monetary aggregates requires the further addition of certain monetary liabilities of the central government sector (post office, treasury). Compilation of transactions Transactions for the current period are calculated by deducting the effect of factors that do not relate to transactions, namely reclassifications, revaluations and exchange rate adjustments, from the difference in stocks over the period. For further details on methodology and compilation methods see the Manual on MFI balance sheet statistics. Compilation of growth rates All growth rate computations refer to an index of notional stocks, rather than to the stock data directly. This allows developments in the series to be presented without the effects that non-transactions would have on the growth rates of stocks (see also “Compilation of transactions”). The index of notional stocks is computed as a chain index I(t)=I(t-1)x[1+F(t)/S(t-1)], where F(t) are transactions during the period and S(t-1) are stocks at the end of the previous period. For more information see the Statistical Bulletin Technical notes or Manual on MFI balance sheet statistics.
	Adjustment	The main items of the MFI consolidated balance sheet are available both in seasonally adjusted and non-seasonally adjusted form. This includes the main breakdowns of euro area monetary aggregates and counterparts. More details can be found in the background section.
	Data validation	Validation is based on the verification of balance sheet constraints, and on checks on the plausibility of developments at various levels of aggregation.
	Data revision - policy	Statistical series may be subject to revision. High-frequency data may be revised in the light of later more complete or more correct information, while methodological improvements may from time to time require earlier data to be revised.

QUALITY
	Quality management	Quality is ensured by means of a comprehensive legal framework including a sanctions regime for infringements. The framework is laid out in Regulation ECB/2013/33 concerning the balance sheet of the monetary financial institutions sector and in Guideline ECB/2014/15 on monetary and financial statistics (recast).

DISSEMINATION
	Release policy - release calendar	Publication on the 19th working day after the end of the reference month for the euro area and corresponding countries, and on the 23rd working day for EU countries outside the euro area.
	Release policy - release calendar access	See the release calendar for monetary developments in the euro area on the ECB’s website.
	Dissemination format	Statistical Data Warehouse and ECB website.
	Dissemination format - news release	Press Release on the ECB website.

MISCELLANEOUS
	Metadata last update	30/OCT/2020 14:57:25

ILM - Internal Liquidity Management

ADMINISTRATIVE INFORMATION

Title

Internal liquidity management (ILM) statistics

Data source

National central banks (NCBs) and ECB

Contact email address

Statistical Information Request form

TECHNICAL INFORMATION

Dataset last update in SDW

2021-01-08 13:39:34

Catalog

Download the series catalogue of the dataset ILM in CSV format, i.e. full list of series and associated metadata: Excel 2013 (zipped) or the earlier Excel versions.

SCOPE

Data presentation - Summary description

ILM statistics refer to the statistics on the consolidated financial statement of the Eurosystem and on the banking system’s liquidity position.

Reference area coverage

Euro area

Sector coverage

The data refer to or are derived from the consolidated financial statement of the Eurosystem.

METHODOLOGICAL INFORMATION

Time period

Banking system’s liquidity position: monthly euro area aggregates.

Consolidated financial statement of the Eurosystem: weekly and monthly. Weekly data refer to end-of-week positions of the Eurosystem as a whole; monthly ECB and NCB contributions to the Eurosystem consolidated financial statement refer to end-of-period outstanding amount (calendar for reference day available here); monthly Eurosystem data refer to the averages of daily positions over the corresponding maintenance periods. Hence when no maintenance period is ending at a given month, data cannot be compiled by definition and the corresponding data point shows a missing value.

Frequency of data collection

1) Monthly euro area aggregates are updated at the end of each maintenance period.

2) Monthly ECB and NCB contributions to the Eurosystem consolidated financial statement are updated every month on the publication date specified here.

Statistical concepts and definitions

For information about the naming convention (series key dimensions and metadata), refer to the ILM underlying DSD (ECB_ILM1) maintained by the ECB.

QUALITY

DISSEMINATION

Release policy

Monthly banking system’s liquidity position data pertaining to euro area aggregates are published two days after the maintenance period has ended. As a general rule, the consolidated weekly financial statements of the Eurosystem are published on a Tuesday, and they relate to the preceding Friday. Monthly ECB and NCB contributions to the Eurosystem consolidated financial statement are published with a time lag of not less than one month following the first Friday of the month or the last Friday of the preceding month if the last working day

MISCELLANEOUS

Metadata last update

30/NOV/2018 16:06:08

Series Level

BSI - Balance Sheet Items

Aggregation and consolidation

Compilation of transactions

Compilation of growth rates

ILM - Internal Liquidity Management