Chapter

Appendix I: Model Form for a Mixed Custodian/End-Investor Security-by-Security Survey

Author(s):
International Monetary Fund
Published Date:
May 2002
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Survey of Portfolio Investment:

Holdings of Equities and Debt Securities Issued by Unrelated Nonresidents as at December 31, 2001

Purpose of Collection

This survey collects information on holdings of residents of [name of country] in equities and debt securities issued by unrelated nonresidents as at December 31, 2001. The data from the survey will be used in the compilation of the balance of payments and international investment position statistics of [name of country]. These statistics are published by [name of compiling agency]. The survey is being conducted in coordination with other countries to facilitate international data comparability.

Collection Authority

The information requested is collected under the authority of [state legal authority]. [Delete if voluntary]

Confidentiality

The completed forms will remain confidential to the [name of compiling agency].

What to Report

The survey should be completed in accordance with the reporting instructions provided. If there are any questions regarding these instructions, please contact [name of member of the survey staff] at [name of compiling agency].

When and Where to Report

Please provide the results of this survey by March 31, 2002 to:

[Postal and e-mail addresses, telephone, and fax numbers of compiler]

Respondents unable to meet the reporting deadline should contact [name of member of the survey staff] at [name of compiling agency] to request an extension.

How to Report

Data may be submitted on diskettes, electronic mail, or paper forms. Please keep a copy for your records.

[Name of compiling agency and date]

Notes

Note 1. Who must report

  • (a) Custodians, resident in [name of country], who, as at close of business on December 31, 2001, manage the safekeeping of securities issued by nonresidents on behalf of residents of [name of country], or on their own account. Resident custodians are defined as entities located in [name of country] who manage the safekeeping of securities for investors; and

  • (b) Investors that are resident in [name of country] and own equities or debt securities issued by unrelated nonresidents of [name of country] as at the close of business on December 31, 2001 and that do not entrust the safekeeping of any or all of these securities to resident custodians. This includes both those who invest for their own account as well as those who invest on behalf of asset pools, such as the managers of mutual funds, insurance companies, and pension funds.

All entities that receive a copy of the survey forms must reply. Those that do not fall into either of the above two categories need only complete the identification information on Form 1a and mark the box indicating that they are exempt from completing Forms 2 and 3.

Note 2. What must be reported

All entities who receive either Form 2 or Form 3 must return the respondent identification section (Form 1a) within 30 days of receipt of the form, even those entities indicating that they are exempt from completing Form 1a.

Those respondents meeting the criteria above (see Note 1) must return the completed survey forms (Forms 1b, 2, and 3) by March 31, 2002. Respondents unable to meet the reporting schedule should contact [name of compiling agency] indicated on the first page of this form to request an extension.

Reporters can file a consolidated report for all related entities that are resident in [name of country], or each resident entity may file independently. If two or more entities are filing separately, please contact the member of the survey staff indicated on the first page of this form at [name of compiling agency] for additional identification numbers. If a consolidated report is being supplied for two or more entities, do not supply separate reports for the same entities.

Form 2: Detailed Holdings is used to report detailed information on holdings of securities issued by unrelated nonresidents. Such information must be provided by:

  • (a) resident custodians in respect of securities issued by nonresidents that they manage the safekeeping of, for residents or on own account. Securities issued by nonresidents that are entrusted to other resident custodians and those that are managed for nonresidents are excluded from Form 2: they should be included on Form 3; and

  • (b) investors in respect of securities that are issued by unrelated nonresidents that are not entrusted to the safekeeping of resident custodians. (See Note 6 to determine whether an entity is related. Securities issued by unrelated nonresidents and entrusted to the custody of a resident custodian should be reported on Form 3.)

Form 3: Summary of Holdings Entrusted to Custodians is to show the total value and custodian information. Such information must be provided by:

  • (a) resident custodians in respect of securities that are issued by nonresidents and that are entrusted to the safekeeping of other resident custodians; and

  • (b) investors in respect of securities that are issued by nonresidents and that are entrusted to the safekeeping of resident custodians.

These holdings of securities should not be reported in detail on Form 2. Instead, only the total amounts entrusted to resident custodians should be reported, along with the name and address of the resident custodian.

Some respondents will need to complete both Form 2 and Form 3.

Note 3. Residence

The reporting unit for this form is a resident of [name of country], that is, an individual, enterprise, or other organization domiciled in [name of country]. It includes branches and subsidiaries of nonresident enterprises if the branches or subsidiaries are domiciled in [name of country]. Domicile is defined as the center of economic interest of the entity, for instance, where an enterprise engages in production. Corporations legally registered in [name of country] are considered to be resident even if they have no “physical presence.” A nonresident of [name of country] is any individual, enterprise, or other organization domiciled in a country other than [name of country]. Branches and subsidiaries of [name of country] enterprises domiciled in other jurisdictions are regarded as nonresidents of [name of country].

The securities are classified by the jurisdiction of residence of the issuer of the securities. The residence of an enterprise can be taken to be where it is legally incorporated or, in the absence of legal incorporation, where it is legally domiciled. The country of residence of the issuer may differ from the currency of issue, the place of issue, or the country of the guarantor of the security. (Some securities are guaranteed by another party (such as the parent company or a government), and the guarantee may be either explicit or implicit. Even where the funds raised are for use by the guarantor, the residence of the issuer of the security should be used, not the residence of the guarantor.) Securities issued by international organizations should be shown under the separate code for international organizations (XX), not included under the country in which the organization is located.

[If one or more international organization is/are located in your country: [Specify the name(s) of these international organizations] should not be considered to be resident(s) in [name of country] and their holdings should not be reported in this return. However, pension funds for employees of these international organization(s) are considered to be resident in [name of country]. (If not relevant, delete this paragraph.]

Note 4. Definition of equities and long- and short-term debt securities

A security is defined as an instrument that is traded or tradable. Examples of equities, long-term debt securities, and short-term debt securities are given below. This survey covers only securities issued by unrelated nonresident entities. See Note 6 to determine whether an entity is related. If you have any questions about how to classify an instrument, please contact the member of staff indicated on the first page of this form at [name of compiling agency].

Equity securities cover all instruments and records acknowledging, after the claims of all creditors have been met, claims to the residual values of enterprises.

Include in equities:

  • ordinary shares;

  • stocks;

  • participating preference shares;

  • depository receipts (e.g., American depository receipts) denoting ownership of equity securities issued by nonresidents (see Note 8);

  • shares/units in mutual funds and investment trusts;

  • equity securities that have been sold under repurchase agreements (see Note 7); and

  • equity securities that have been “lent” under a securities lending arrangement (see Note 7).

Exclude from equities:

  • nonparticipating preference shares (but include these instruments under long-term debt securities);

  • rights, options, warrants, and other derivative instruments;

  • equity securities that have been bought under repurchase agreements (see Note 7); and

  • equity securities that have been acquired under a securities lending arrangement (see Note 7).

Long-term debt securities cover bonds, debentures, and notes that usually give the holder the unconditional right to a fixed cash flow or contractually determined variable money income and have an original term to maturity of more than one year.

Include in long-term debt securities:

  • bonds such as treasury, zero-coupon, stripped (see Note 9), deep-discounted, currency-linked (e.g., dual-currency), floating-rate, equity-related (e.g., convertible bonds), and Eurobonds;

  • asset-backed securities such as mortgage-backed bonds and collateralized mortgage obligations (CMOs);

  • index-linked securities (e.g., property index certificates);

  • nonparticipating preference shares;

  • floating-rate notes (FRN) such as perpetual-rate notes (PRN), variable-rate notes (VRN), structured FRN, reverse FRN, collared FRN, step-up recovery FRN (SURF), and range/corridor/accrual notes;

  • euro medium-term notes (EMTN);

  • Schuldscheine (German) notes;

  • bonds with optional maturity dates, the last of which is more than one year after issue;

  • debentures;

  • negotiable certificates of deposits with contractual maturity of more than one year;

  • other long-term debt securities;

  • bearer depository receipts denoting ownership of debt securities issued by nonresidents (see Note 8);

  • debt securities that have been sold under repurchase agreements (see Note 7); and

  • debt securities that have been “lent” under a securities lending arrangement (see Note 7).

Exclude from long-term debt securities:

  • derivative instruments;

  • loans;

  • trade credit and accounts receivable;

  • money market instruments (e.g., treasury notes, bankers’ acceptances, negotiable certificates of deposit with contractual maturity of one year or less, note issuance facilities, revolving underwriting facilities, and promissory notes), including short-term debt securities;

  • debt securities that have been bought under repurchase agreements (see Note 7); and

  • debt securities that have been acquired under a securities lending arrangement (see Note 7).

Short-term debt securities cover only market instruments, such as bills, commercial paper, and bankers’ acceptances, that usually give the holder the unconditional right to receive a stated, fixed sum of money on a specified date and have an original term to maturity of one year or less.

Include in short-term debt securities:

  • treasury bills and notes;

  • bankers’ acceptances;

  • commercial and financial paper;

  • certificates of deposit with contractual maturity of one year or less;

  • short-term notes issued under note issuance facilities or revolving underwriting facilities and promissory notes (such short-term notes are included even though the underlying facility [the contingency] may be for more than one year because the notes themselves are of a short-term nature);

  • debt securities that have been sold under repurchase agreements (see Note 7); and

  • debt securities that have been “lent” under a securities lending arrangement (see Note 7).

Exclude from short-term debt securities:

  • bonds such as treasury, zero-coupon, stripped (see Note 9), deep-discounted, currency-linked (e.g., dual-currency), floating-rate, equity-related (e.g., convertible bonds), and Eurobonds;

  • asset-backed securities such as mortgage-backed bonds, and collateralized mortgage obligations (CMOs);

  • index-linked securities (e.g., property index certificates);

  • nonparticipating preference shares;

  • floating-rate notes (FRN) such as perpetual-rate notes (PRN), variable-rate notes (VRN), structured FRN, reverse FRN, collared FRN, step-up recovery FRN (SURF), and range/corridor/accrual notes;

  • euro medium-term notes (EMTN);

  • Schuldscheine (German) notes;

  • bonds with optional maturity dates, the latest of which is more than one year after issue;

  • debentures;

  • negotiable certificates of deposits with contractual maturity of more than one year;

  • other long-term debt securities;

  • bearer depository receipts denoting ownership of debt securities issued by nonresidents (see Note 8);

  • debt securities that have been bought under repurchase agreements (see Note 7);

  • debt securities that have been acquired under a securities lending arrangement (see Note 7);

  • derivative instruments;

  • loans; and

  • trade credit and accounts receivable.

Financial derivatives are not to be reported because they are not classified as securities, but as a separate type of instrument. Record the value of the underlying security separately from any derivative that may be held in relation to it; however, if a security has an embedded derivative, do not attempt to separate the security from the embedded security. Include the value of such a security, including the embedded financial derivative, in your submission.

If you have any questions about how to classify an instrument, please contact the survey staff member indicated on the first page of this form at [name of compiling agency].

Note 5. Valuation

Market value should be used to report all holdings of securities. Do not report the face value of the security as the market value.

Equity securities should be reported at market prices converted to [domestic currency] using the exchange rate prevailing at the close of business on December 31, 2001.

For enterprises listed on a stock exchange, the market value of your holding of their equity securities should be calculated using the market price on their main stock exchange prevailing at the close of business on December 31, 2001.

For unlisted enterprises, if a market value is not available at the close of business on December 31, 2001, estimate the market value of your holding of equity securities by using one of the following:

  • a recent transaction price;

  • directors’ valuation; or

  • net asset value (net asset value is equal to total assets, including intangibles, less nonequity liabilities and the paid-up value of nonvoting shares; assets and liabilities should be recorded at current, rather than historical, value).

Debt securities should be recorded using one of the market valuation methods listed below in descending order of preference and converted to [domestic currency], using the exchange rate prevailing at the close of business on December 31, 2001:

  • a quoted traded market price at the close of business on December 31, 2001;

  • the present value of the expected stream of future payments or receipts associated with the securities;

  • for unlisted securities, the price used to value securities for accounting or regulatory purposes;

  • for deep-discount or zero-coupon securities, the issue price plus amortization of the discount; or

  • for debt instruments issued at a premium, the issue price less the amortization of the premium.

Note 6. Exclusion of securities issued by related enterprises

Securities (whether equities or debt) issued by a nonresident enterprise that is related to the resident owner of those securities should be excluded from this report. Related nonresident enterprises are enterprises in which an enterprise group has an equity interest of 10 percent or more or where a nonresident has more than 10 percent or more holdings in your group. Ownership is measured in terms of ordinary shares or voting stock of incorporated enterprises or equivalent beneficial interest in unincorporated enterprises. Where such a relationship exists, exclude all securities (debt and equities).

The only exception is if the nonresident entity that issued the security and the resident owner of the security are affiliated financial intermediaries—banks, for instance. In these circumstances, securities issued by related enterprises, other than equity or permanent debt, should be included in this report.

Note 7. Treatment of securities involved in repurchase and securities lending arrangements

A repurchase agreement1 (repo) is an arrangement involving the sale of securities at a specified price with a commitment2 to repurchase the same or similar securities at a fixed price on a specified future date. A reverse repo is the same transaction seen from the other side; that is, an agreement whereby a security is purchased at a specified price with a commitment to resell the same or similar securities at a fixed price on a specified future date. Securities (or stock or bond) lending is an arrangement whereby the ownership of a security is transferred in return for collateral, usually another security, under the condition that the security or similar securities will revert to its original owner at a specified future date.

  • Securities acquired under reverse repos or securities borrowing arrangements are to be excluded from the form.

  • Securities sold under repos or “lent” under securities lending arrangements are to be included in the form.

  • Securities acquired under reverse repos or securities borrowing arrangements and subsequently sold to a third party should be reported as a negative holding—namely, a short position. (See Form 2, item 10.)

  • Valuations of securities under repos or securities lending arrangements should be at market value as at the close of business on December 31, 2001.

Note 8. Treatment of depository receipts

Depository receipts, which denote ownership of equity or debt securities issued by nonresidents—for instance, American depository receipts (ADRs) or bearer depository receipts (BDRs)—should be attributed to the country of residence of the issuer of the security underlying the depository receipt. Financial intermediaries should not report holdings of any securities against which depository receipts have been issued and sold; however, if a depository receipt has been issued before the financial institution arranging the issue has acquired the underlying securities, that financial institution should report a negative holding in the underlying security. (See Form 2, item 10.)

Note 9. Treatment of stripped securities

Stripped securities (strips) are securities that have been transformed from a principal amount with periodic interest coupons into a series of zero-coupon securities, with the range of maturities matching the coupon payment dates and the redemption date of the principal amount.

  • If strips remain the direct obligation of the original issuer, then the residence of the issuer of the strips remains the same as for the original security. Dealers who request that a settlement house or clearing house create strips from an existing security issued by a nonresident should not report ownership of the underlying security after the strips have been created.

  • If strips have been created and issued by an entity in its own name, then the security should be classified according to the residence of the issuer of the strips. In turn, such an issuer of strips should report its ownership of the underlying securities if they were issued by a nonresident.

Strips with an original maturity of less than one year are classified as money market instruments and thus, if identifiable, should be reported as short-term debt securities.

Note 10. Asset-backed securities

In reporting the market value of holdings of asset-backed securities, the respondent must be aware of the possibility of early partial redemption of principal. The market value of the principal amount outstanding at close of business on December 31, 2001, should be reported; if principal has been repaid, this market value will not be the same as the original face value revalued at end-period market prices.

If there are any questions regarding these instructions, please contact the survey staff member at [name of compiling agency] indicated on the front of this form.

SURVEY OF PORTFOLIO INVESTMENTS—DECEMBER 31, 2001

Form 1b Instructions

This form must be completed by all organizations that receive these survey forms that are not exempt. It is used to:

  • provide basic identifying information;

  • provide summaries of data reported on Form 2 and Form 3.

Notes on selected items

Item 1: Identification number—Enter the identification number from the top right-hand corner of the address label to these survey forms. If your number is unknown, please contact the member of the survey staff indicated on the first page of this form at [name of compiling agency].

Item 9: Number of Form 2 records reported—Enter the total number of Form 2 records submitted with your report, whether they are submitted on paper, tape, or diskette.

Item 10: Number of Form 3 records reported— Enter the total number of Form 3 records submitted.

Item 11: Total [domestic currency] value of all priced equities— For all equity securities (Form 2, item 7, type 1) for which prices are known, enter the total domestic currency value (Form 2, item 10) of all such records.

Item 12: Total [domestic currency] value of all priced long-term debt securities— For all long-term debt securities (Form 2, item 7, type 2) for which prices are known, enter the total domestic currency value (Form 2, item 10) of all such records.

Item 13: Total [domestic currency] value of all priced short-term debt securities— For all short-term debt securities (Form 2, item 7, type 3) for which prices are known, enter the total domestic currency value (Form 2, item 10) of all such records.

Item 14: Total number of shares of unpriced equity— For all equity securities (Form 2, item 7, type 1) for which prices are unknown, enter the total number of shares (Form 2, item 12) of all such records.

Item 15: Total face value of all unpriced long-term debt securities— For all long-term securities (Form 2, item 7, type 2) for which prices are unknown, enter the total face value (Form 2, item 12) of all such records.

Item 16: Total face value of all unpriced short-term debt securities— For all short-term securities (Form 2, item 7, type 3) for which prices are unknown, enter the total face value (Form 2, item 12) of all such records.

SURVEY OF PORTFOLIO INVESTMENTS—DECEMBER 31, 2001

Form 2 Instructions

This form should be used by:

(a) resident custodians to report their custody holdings for resident clients of securities issued by nonresidents (if these securities have not in turn been entrusted to other resident custodians), and

(b) resident investors who own such securities but who have not entrusted the safekeeping of these securities to resident custodians (i.e., include any securities that have been entrusted to nonresident custodians). Own account holdings that have not been entrusted to other custodians should also be included.

Securities issued by entities related to the investor should not be reported (see Note 6 to the survey, above, for more information on securities issued by related enterprises).

Resident custodians who entrust their holdings of securities issued by unrelated nonresidents to other resident custodians should report these holdings on Form 3, not on Form 2. Only the custodian who arranges for the safekeeping of securities abroad (either directly or through a foreign local subcustodian) should report its holdings on Form 2.

However, securities entrusted by custodians directly to central securities depositories, such as Depository Trust Company, Euroclear, and Clearstream, or other nonresident custodians, should be reported on Form 2 by the custodian who entrusted the securities to the central depository.

Notes on Form 2

Item 1: Identification number— Enter the identification number from Form 1b, item 1.

Item 2: Sequence number— Starting at 1, sequentially number each record. The last record should have the same sequence number as the total number of records reported on Form 1b, item 9.

Item 3: Security identification code— Enter the security identification code used to identify this record. Use either an International Securities Identification Number (ISIN) code or a code issued by a national or international numbering agency, such as a SEDOL, CUSIP, or common code. Do not use internally created codes unless this security has not been assigned a code by any recognized numbering agency.

Item 4: Security identification coding system— From Annex A, select the two-digit code that corresponds to the security identification coding system that allocated the code reported in item 3.

Item 5: Name of other ID coding system— If the security identification code entered in item 3 above was issued by a security identification coding system not listed in Annex A, enter the name of that organization or system here.

Item 6: Ownership code— Indicate whether the security is held on (1) own account or (2) on behalf of a client.

Item 7: Security type— Indicate whether the security is (1) equity, (2) long-term debt, or (3) short-term debt.

Item 8: Name of issuer— Enter the name of the organization that issued this security.

Item 9: Security description— Provide pertinent descriptive information.

Item 10: [National currency] value of security held— Enter the total national currency value (price times quantity) of your holdings of this security. If reporting a negative position in the security, enter “S” before the value (see also Note 7 to the survey, above, on repurchase and securities lending arrangements and Note 8, on depository receipts).

For equity securities (Form 2, item 7, type 1), enter the national currency price equivalent (Form 2, item 11) of this security multiplied by the number of shares held (Form 2, item 12).

For long-term debt securities (Form 2, item 7, type 2), enter the product of the price (Form 2, item 11) of this security and its face value (Form 2, item 12) in the currency of denomination multiplied by the exchange rate (Form 2, item 14).

For short-term debt securities (Form 2, item 7, type 3), enter the product of the price (Form 2, item 11) of this security and its face value (Form 2, item 12) in the currency of denomination multiplied by the exchange rate (Form 2, item 14).

Item 11: Market price— See Note 5 to the survey (on valuation), above, for further information on market prices.

For equity securities, enter your best estimate of the price per share in national currency.

For both long-term and short-term debt securities, enter the price as a percentage of the security’s original face value. Thus, if a security is trading at 90 percent of its original value, enter .900 in this field. In the case of long-term zero-coupon or deep-discount issues, which trade when issued at a small percentage of their face value at maturity, enter the percentage of their face value at maturity that they are worth as at December 31, 2001. Thus, if a zero coupon bond were originally issued at a value equal to 17 percent of its face value at maturity and has—by December 31, 2001—appreciated to 43 percent of its face value at maturity, enter .430 in this field.

Note: Custodians must provide prices for securities in a manner consistent with their normal business practices for providing prices to their customers. Thus, if a firm typically provides prices to its customers for all securities for which prices are commercially available, the same practice should be followed when reporting on the survey.

Item 12: Face value or number of shares held— For equity securities, enter the number of shares held, rounded to the nearest share. For both long-term and short-term debt securities, enter the face value held in the currency of denomination. For asset-backed securities, for which principal is repaid over time, enter the remaining, unrepaid face value of principal outstanding for this security as at close of business on December 31, 2001.

Item 13: Original face value for asset-backed securities only— Pertaining to the amount entered in item 12 above, enter the original face value of principal that would have been outstanding if no principal had been repaid.

For example, if $1,000,000 of an asset-backed security were bought at date of issue, and 30 percent of the principal of this security had been repaid as at close of business on December 31, 2001, $700,000 should be entered in item 12, and $1,000,000 should be entered in item 13. The ratio between the amounts entered in item 12 and item 13 (700,000/1,000,000 = .700) should equal the “factor value” for this security.

Item 14: Exchange rate used— Enter the exchange rate used to convert the currency of denomination into national currency. This rate should be that prevailing at the close of business on December 31, 2001, and should be expressed as the national currency value of one unit of the currency of denomination.

Item 15: Currency of denomination— Enter the three-digit code corresponding to the currency used in item 14 from the list provided in Annex C. If the currency used in item 14 is not listed in Annex C, please contact the member of the survey staff at [name of compiling agency] indicated on the front page of this form.

Item 16: Amount on loan— Of the total amount held of this security as reported in item 12, indicate how much of this position was on loan as at December 31, 2001.

Item 17: Country of issuer of security— Enter the two-digit country code from the list provided in Annex B that corresponds to the country of domicile of the entity issuing the security. Holdings of issues of international organizations (such as the World Bank or United Nations) should be entered as country code XX, not as issues of the countries in which they are physically located.

SURVEY OF PORTFOLIO INVESTMENTS—DECEMBER 31, 2001

SURVEY OF PORTFOLIO INVESTMENTS—DECEMBER 31, 2001

ANNEX A: SECURITY IDENTIFICATION CODING SYSTEMS
SYSTEM CODEISSUING COUNTRY/AGENCYSECURITY IDENTIFICATION CODING SYSTEM
01Association of National Numbering Agencies (ANNA)ISIN (International Security Identification Number)
02CedelCedel Code
03EuroclearEuroclear Code
04Euroclear/ClearstreamCommon Code
05AustraliaASX Security Code (Australian Stock Exchange)
06AustriaWPK Nummer (Wertpapierkenn-Nummer)
07BelgiumSVM Code (Secrétariat des Valeurs Mobilières)
08BrazilNational Stock Exchange Association (Comissao Nacional de Bolsas de Valores)
09BrazilRio de Janeiro Stock Exchange
10BrazilSão Paulo Stock Exchange
11DenmarkFondskode
12FranceSICOVAM (Société Interprofessionnelle pour la Compensation des Valeurs Mobilières)
13GermanyWKN (Wertpapierkenn-Nummer)
14Hong Kong SARStock Exchange of Hong Kong Code
15ItalyUIC (Ufficio Italiano dei Cambi)
16ItalyABI Code (Codice Associazione Bancaria Italiana)
17JapanSICC Code (Securities Identification Code Conference)
18JapanTSE Code (Tokyo Stock Exchange Code) (Toushou Code)
19Korea, Republic ofClearing Code (Korean Stock Exchange)
20MexicoMexican Stock Exchange Code (Clave de Pizarra de la Bolsa Mexicana de Valores)
21NetherlandsClearingcode (Amsterdam Stock Exchange)
22New ZealandNew Zealand Stock Exchange Code
23NorwayModified ISIN (Verdipapirsentralen) (VPS)
24PortugalLisbon Stock Exchange Code
25PortugalOporto Stock Exchange Code
26South AfricaClearing House Code (Johannesburg Stock Exchange)
27SpainCNMV Code (Comisión Nacional del Mercado de Valores)
28SwedenVPC Number
29SwitzerlandVALOR (Valorennummer)
30ThailandStock Exchange of Thailand
31United KingdomSEDOL (Stock Exchange Daily Official List)
32United StatesCUSIP Number (for North American Securities)
33United StatesCINS (CUSIP International Number System: for Non-North American Securities)
ANNEX B: JURISDICTION CODES
JURISDICTIONCODE
Afghanistan, I.S. ofAF
AlbaniaAL
American SamoaAS
AlgeriaDZ
AndorraAD
AngolaAO
AnguillaAI
Antigua and BarbudaAG
ArgentinaAR
ArmeniaAM
ArubaAW
AustraliaAU
AustriaAT
AzerbaijanAZ
Bahamas, TheBS
BahrainBH
BangladeshBD
BarbadosBB
BelarusBY
BelgiumBE
BelizeBZ
BeninBJ
BermudaBM
BhutanBT
BoliviaBO
Bosnia and HerzegovinaBA
BotswanaBW
Bouvet IslandBV
BrazilBR
British Virgin IslandsVG
Brunei DarussalamBN
BulgariaBG
Burkina FasoBF
BurundiBI
CambodiaKH
CameroonCM
CanadaCA
Cape VerdeCV
Cayman IslandsKY
Central African RepublicCF
ChadTD
ChileCL
China, People’s Republic ofCN
Christmas IslandCX
Cocos (Keeling) IslandsCC
ColombiaCO
ComorosKM
Congo, Democratic Republic ofCD
Congo, Republic ofCG
Cook IslandsCK
Costa RicaCR
Côte d’IvoireCI
CroatiaHR
CubaCU
CyprusCY
Czech RepublicCZ
DenmarkDK
DjiboutiDJ
DominicaDM
Dominican RepublicDO
East TimorTP
EcuadorEC
EgyptEG
El SalvadorSV
Equatorial GuineaGQ
EritreaER
EstoniaEE
EthiopiaET
Faeroe IslandsFO
Falkland IslandsFK
FijiFJ
FinlandFI
FranceFR
French GuianaGF
French PolynesiaPF
French Southern TerritoriesTF
GabonGA
Gambia, TheGM
GeorgiaGE
GermanyDE
GhanaGH
GibraltarGI
GreeceGR
GreenlandGL
GrenadaGD
GuadeloupeGP
GuamGU
GuatemalaGT
Guernsey, C.I.GG
GuineaGN
Guinea-BissauGW
GuyanaGY
HaitiHT
Heard and McDonald IslandsHM
HondurasHN
Hong Kong SARHK
HungaryHU
IcelandIS
IndiaIN
IndonesiaID
Iran, Islamic Republic ofIR
IraqIQ
IrelandIE
Isle of ManIM
IsraelIL
ItalyIT
JamaicaJM
JapanJP
Jersey, C.I.JE
JordanJO
KazakhstanKZ
KenyaKE
KiribatiKI
Korea, Democratic People’s Republic of (North)KP
Korea, Republic of (South)KR
KuwaitKW
Kyrgyz RepublicKG
Lao, P.D.R.LA
LatviaLV
LebanonLB
LesothoLS
LiberiaLR
LibyaLY
LiechtensteinLI
LithuaniaLT
LuxembourgLU
Macao SARMO
Macedonia, FYR ofMK
MadagascarMG
MalawiMW
MalaysiaMY
MaldivesMV
MaliML
MaltaMT
Marshall IslandsMH
MartiniqueMQ
MauritaniaMR
MauritiusMU
MayotteYT
MexicoMX
Micronesia, Fed. States ofFM
MoldovaMD
MonacoMC
MongoliaMN
MontserratMS
MoroccoMA
MozambiqueMZ
MyanmarMM
NamibiaNA
NauruNR
NepalNP
NetherlandsNL
Netherlands AntillesAN
New CaledoniaNC
New ZealandNZ
NicaraguaNI
NigerNE
NigeriaNG
Niue IslandNU
Norfolk IslandNF
Northern Mariana IslandsMP
NorwayNO
OmanOM
PakistanPK
PalauPW
PanamaPA
Papua New GuineaPG
ParaguayPY
PeruPE
PhilippinesPH
Pitcairn IslandPN
PolandPL
PortugalPT
Puerto RicoPR
QatarQA
ReunionRE
RomaniaRO
Russian FederationRU
RwandaRW
St. HelenaSH
St. Kitts and NevisKN
St. LuciaLC
St. Pierre and MiquelonPM
St. Vincent and the GrenadinesVC
SamoaWS
San MarinoSM
São Tomé and PríncipeST
Saudi ArabiaSA
SenegalSN
SeychellesSC
Sierra LeoneSL
SingaporeSG
Slovak RepublicSK
SloveniaSI
Solomon IslandsSB
SomaliaSO
South AfricaZA
South Georgia and Sandwich IslandGS
SpainES
Sri LankaLK
SudanSD
SurinameSR
Svalbard and Jan Mayen IslandsSJ
SwazilandSZ
SwedenSE
SwitzerlandCH
Syrian Arab RepublicSY
Taiwan Province of ChinaTW
TajikistanTJ
TanzaniaTZ
ThailandTH
TogoTG
Tokelau IslandsTK
TongaTO
Trinidad and TobagoTT
TunisiaTN
TurkeyTR
TurkmenistanTM
Turks and Caicos IslandsTC
TuvaluTV
UgandaUG
UkraineUA
United Arab EmiratesAE
United KingdomGB
United StatesUS
United States Pacific IslandsUM
United States Virgin IslandsVI
UruguayUY
UzbekistanUZ
VanuatuVU
Vatican City StateVA
Venezuela, Rep. Bol. deVE
VietnamVN
Wallis and Futuna IslandsWF
West Bank and GazaPS
Western SaharaEH
Yemen, Republic ofYE
Yugoslavia, Fed. Rep. ofYU
ZambiaZM
ZimbabweZW
Other (please specify)
Other (please specify)
Other (please specify)
International OrganizationsXX
ANNEX C: CURRENCY CODES
JURISDICTIONCURRENCYCURRENCY CODE
Afghanistan, I.S. ofAfghaniAFA
AlbaniaLekALL
AlgeriaAlgerian dinarDZD
AndorraAndorran pesetaADP
AngolaKwanzaAOA
AnguillaEast Caribbean dollarXCD
Antigua and BarbudaEast Caribbean dollarXCD
ArgentinaPesoARS
ArmeniaDramAMD
ArubaAruban guilder/florinAWG
AustraliaAustralian dollarAUD
AustriaSchillingATS
AustriaEuroEUR
AzerbaijanManatAZM
Bahamas, TheBahamian dollarBSD
BahrainBahraini dinarBHD
BangladeshTakaBDT
Bank of Central African StatesCFA franc BEACXAF
BarbadosBarbados dollarBBD
BelarusBelarusian rubelBYR
BelgiumBelgium francBEF
BelgiumEuroEUR
BelizeBelize dollarBZD
BeninCFA franc BCEAOXOF
BermudaBermuda dollarBMD
BhutanNgultrumBTN
BoliviaBolivianoBOB
Bosnia and HerzegovinaConvertible markaBAM
BotswanaPulaBWP
BrazilRealBRL
Brunei DarussalamBrunei dollarBND
BulgariaLevBGL
Burkina FasoCFA franc BCEAOXOF
BurundiBurundi francBIF
CambodiaRielKHR
CameroonCFA franc BEACXAF
CanadaCanadian dollarCAD
Cape VerdeCape Verde escudoCVE
Cayman IslandsCayman Islands dollarKYD
Central African RepublicCFA franc BEACXAF
Central Bank of West African StatesCFA franc BCEAOXOF
ChadCFA franc BEACXAF
ChileChilean pesoCLP
China, People’s Republic ofYuanCNY
ColombiaColombian pesoCOP
ComorosComorian francKMF
Congo, Democratic Republic ofFranc congolaisCDF
Congo, Republic ofCongo francXAF
Costa RicaCosta Rican colonCRC
Côte d’IvoireCFA Franc BCEAOXOF
CroatiaKunaHRK
CubaCuban pesoCUP
CyprusCyprus poundCYP
Czech RepublicCzech korunaCZK
DenmarkDanish kroneDKK
DjiboutiDjibouti francDJF
DominicaEast Caribbean dollarXCD
Dominican RepublicDominican pesoDOP
East CarribbeanEast Caribbean dollarXCD
East TimorTimor escudoTPE
EgyptEgyptian poundEGP
El SalvadorEl Salvador colonSVC
Equatorial GuineaCFA franc BEACXAF
EritreaNafkaERN
EstoniaEstonian kroonEEK
EthiopiaEthiopian birrETB
Falkland IslandsFalkland Islands poundFKP
FijiFiji dollarFJD
FinlandMarkkaFIM
FinlandEuroEUR
FranceFrench francFRF
FranceEuroEUR
French PolynesiaCPF francXPF
GabonCFA franc BEACXAF
Gambia, TheDalasiGMD
GeorgiaLariGEL
GermanyDeutsche markDEM
GermanyEuroEUR
GhanaCediGHC
GibraltarGibraltar poundGIP
GreeceDrachmaGDR
GreeceEuroEUR
GrenadaEast Caribbean dollarXCD
GuatemalaQuetzalGTQ
Guernsey, C. I.Guernsey poundGGP
GuineaGuinean francGNF
Guinea-BissauCFA franc BCEAOXOF
GuyanaGuyana dollarGYD
HaitiGourdeHTG
HondurasLempiraHNL
Hong Kong SARHong Kong dollarHKD
HungaryForintHUF
IcelandIcelandic kronaISK
IndiaIndian rupeeINR
IndonesiaRupiahIDR
Iran, Islamic Republic ofIranian rialIRR
IraqIraqi dinarIQD
IrelandIrish poundIEP
IrelandEuroEUR
Isle of ManManx poundIMP
IsraelNew shekelILS
ItalyItalian liraITL
ItalyEuroEUR
JamaicaJamaican dollarJMD
JapanYenJPY
Jersey, C. I.Jersey poundJEP
JordanJordanian dinarJOD
KazakhstanTengeKZT
KenyaKenya shillingKES
Korea, Democratic People’s Republic of (North)DPRK wonKPW
Korea, Republic of (South)Republic of Korea wonKRW
KuwaitKuwaiti dinarKWD
Kyrgyz RepublicSomKGS
Lao, P.D.RKipLAK
LatviaLatsLVL
LebanonLebanese poundLBP
LesothoLotiLSL
LiberiaLiberian dollarLRD
LibyaLibyan dinarLYD
LithuaniaLitasLTL
LuxembourgLuxembourg francLUF
LuxembourgEuroEUR
Macao SARPatacaMOP
Macedonia, FYR ofDenarMKD
MadagascarMalagasy francMGF
MalawiKwachaMWK
MalaysiaMalaysian ringgitMYR
MaldivesRufiyanMVR
MaliCFA franc BCEAOXOF
MaltaMaltese liraMTL
MauritaniaOuguiyaMRO
MauritiusMauritian rupeeMUR
MexicoMexican pesoMXN
MoldovaLeuMDL
MongoliaTogrogMNT
MontserratEast Caribbean dollarXCD
MoroccoMoroccan dirhamMAD
MozambiqueMeticalMZM
MyanmarKyatMMK
NamibiaNamibia dollarNAD
NepalNepalese rupeeNPR
NetherlandsNetherlands guilderNLG
NetherlandsEuroEUR
Netherlands AntillesNetherlands Antillean guilderANG
New CaledoniaCFP francXPF
New ZealandNew Zealand dollarNZD
NicaraguaCordobaNIC
NigerCFA franc BCEAOXOF
NigeriaNairaNGN
NorwayNorwegian kroneNOK
OmanRial OmaniOMR
PakistanPakistan rupeePKR
PanamaBalboaPAB
Papua New GuineaKinaPGK
ParaguayGuaraniPYG
PeruNew solPEN
PhilippinesPhilippines pesoPHP
PolandZlotyPLN
PortugalPortuguese escudoPTE
PortugalEuroEUR
QatarQatar riyalQAR
RomaniaLeuROL
Russian FederationRubleRUB
RwandaRwanda francRWF
St. HelenaSt. Helena poundSHP
St. Kitts and NevisEast Caribbean dollarXCD
St. LuciaEast Caribbean dollarXCD
St. Vincent and the GrenadinesEast Caribbean dollarXCD
SamoaTalaWST
São Tomé and PríncipeDobraSTD
Saudi ArabiaSaudi Arabian riyalSAR
SenegalCFA franc BCEAOXOF
SeychellesSeychelles rupeeSCR
Sierra LeoneLeoneSLL
SingaporeSingapore dollarSGD
Slovak RepublicSlovak korunaSKK
SloveniaTolarSIT
Solomon IslandsSolomon Islands dollarSBD
SomaliaSomali shillingSOS
South AfricaRandZAR
SpainSpanish pesetaESP
SpainEuroEUR
Sri LankaSri Lanka rupeeLKR
SudanSudanese dinarSDD
SurinameSuriname guilderSRG
SwazilandLilangeniSZL
SwedenSwedish kronaSEK
SwitzerlandSwiss francCHF
Syrian Arab RepublicSyrian poundSYP
Taiwan Province of ChinaNew Taiwan dollarTWD
TajikistanSomoniTJS
TanzaniaTanzanian shillingTZS
ThailandBahtTHB
TogoCFA franc BCEAOXOF
TongaPa’angaTOP
Trinidad and TobagoTrinidad and Tobago dollarTTD
TunisiaTunisian dinarTND
TurkeyTurkish liraTRL
TurkmenistanManatTMM
UgandaUganda shillingUGX
UkraineHryvniaUAH
United Arab EmiratesDirhamAED
United KingdomPound sterlingGBP
United StatesUnited States dollarUSD
UruguayUruguayan pesoUYS
UzbekistanUzbek sumUZS
VanuatuVatuVUV
Venezuela, Rep. Bol. deBolivarVEB
VietnamDongVND
Wallis and Futuna IslandsCFP francXPF
Yemen, Republic ofYemeni rialYER
Yugoslavia, Fed. Rep. ofYugoslav dinarYUM
ZambiaKwachaZMK
ZimbabweZimbabwe dollarZWD

Also included are sale/buy backs, carries, bond or stock lending with cash collateral, and similar transactions that involve the sale of a security with a commitment to repurchase it at a fixed price on a specified date or on demand.

If there is no commitment to repurchase the securities, the transaction should be regarded as a straight sale of the security and should not be classified as a repo.

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