Back Matter

Back Matter

Author(s):
International Monetary Fund. Statistics Dept.
Published Date:
October 2013
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Index

Entries refer to corresponding paragraph numbers within the text.

  • A

  • American-style options, 222, 224, Box 4.2

  • Amortization schedules, 140, 142, 152

  • Asset-backed securities

    • predetermined drains, 162

  • Authorities. See Monetary authorities

  • B

  • Bank for International Settlements

    • credit lines, 211–212, 216, 218

    • deposits held in, 92, 114

    • short-term loans to, 93

  • Bankers’ acceptances, 79, 163

    • predetermined drains, 163

  • Banks. See also Financial institutions, 21, 171, 195, 197, 246

    • coverage, 219, 220

    • defined, 92

    • deposits held in, 92, 106–107, 114, Box 1.1

    • headquartered, 106–109, 125

    • resident, 60, 114, A7.6, A7.7

  • BIS. See Bank for International Settlements

  • Black-Scholes formula, 269

  • Bonds

    • predetermined drains, 162

    • U.S. Treasuries, 79

    • debt securities, 162

    • puttable, 199–205

  • Bought calls, 223, A4.8, Box 4.1

  • Bought options, 182

  • Bought puts, 223, A4.8, Box 4.1

  • Branches of financial institutions, 61,104–105, 108, 114

  • Building societies

    • deposits held in, 92

  • Bullet, 201 (footnote)

  • Bullion banks, 99

  • Buybacks

    • reporting securities in Reserves Data Template, 81

  • C

  • Call options, Box 4.1

  • Central banks

    • credit lines, 211–213

  • Central government

    • coverage in Reserves Data Template, 16, 20, 21

    • defined, 22

  • Certificates of deposit, 79, 92

    • predetermined drains, 162–163

  • CGFS. See Committee on the Global Financial System, 3

  • Closure netting, 150

  • Collateral guarantees, 191, 193–195

  • Collateralized loans, 84–85, 100

  • Collateralized mortgage obligations

    • predetermined drains, 162

  • Commercial banks

    • deposits held in, 92

  • Commercial paper

    • predetermined drains, 79, 163

  • Committee on the Global Financial System

    • Reserves Data Template development, 4, A1.5

  • Contingent liabilities, 191–198

  • Contingent net drains, 48, 180–190, A6.12

  • Contractual obligations, 24, 138, 180, 191, 196

  • Convertible bonds

    • predetermined drains, 162

  • Convertible foreign currencies, 67, 75, 119, 214, 248, A7.3, A7.15, A7.18

  • Cooperatives

    • deposits held in, 92

  • Counterparty claims, 107–108

  • Country notes. See Reserves Data Template

  • Credit events, 202

  • Credit lines, 206–221

  • Credit unions

    • deposits held in, 92

  • Cross default/cross acceleration clauses, 203

  • Currencies

    • market valuation, 133

    • reporting in Reserves Data Template, 37, 67, 77, 94, 113

  • Currency liquidity. See Foreign currency liquidity

  • Currency swaps. See Foreign exchange swap, 173

  • Currency unions, 10, 21, 57, Appendix 6

  • D

  • Data template. See Reserves Data Template.

  • Debentures, 79 (footnote)

    • predetermined drains, 162

  • Debt securities

    • market valuation, 132

    • predetermined drains, 162, 165

    • reporting on Reserves Data Template, 79

  • Default, 99, 150 (footnote), 193, 202, 257

  • Demand deposits, 65, 91

  • Deposit-taking corporations, 92

  • Deposit insurance, 195

  • Deposits

    • in banks headquartered in and outside of the reporting country, 107

    • foreign currency reserves, 77

    • market valuation, 133

    • “on call,” 161

    • reconciling BPM6 concept of reserves and Reserve Data Template, 114

    • reporting in Reserves Data Template, 91–95

  • Diamonds, 98

  • Discounted bonds

    • predetermined drains, 162

  • Discrete puts, 202

  • Domestic currency,

    • currency union, A6.3

  • Domestic currency debt, 25

    • coverage, 237

    • indexed to foreign currency, 49

    • short-term, 242

  • Dual-currency bonds

    • predetermined drains, 162

  • E

  • Equity securities

    • market valuation, 131

    • reporting on Reserves Data Template, 79

  • European options, 222, Box 4.2

  • Exchange rates, 30, 130, 136–137, 146–147, 167, 232–233, 237, 240, 242, A4.2, A4.6, A4.9, A4.10

  • Exercise dates, 224, Box 4.2

  • Exercise price. See Strike price

  • External assets, 5, 9, 16, 59, 62–64, 69, 109, 122, 158, A7.2, A7.7

  • External liabilities, 9, 153–158

  • F

  • Federal National Mortgage Association (Fannie Mae), 191

  • Financial derivatives assets

    • activities, 26–31

    • hard puts, 203

    • market valuation, 134, 259–270

    • reporting of, 26–31, 34, 102, 167–177, 222–235, Box 4.1, 245–150, 259–272, Appendix 3 (items 13–16)

    • with residual maturity of greater than one year, 271–272

  • Financial institutions

    • branches and subsidiaries, 104–105, 108, 114

    • credit lines with, 211–221

    • deposits held in, 92

    • headquartered abroad but located in the reporting country, 95, 105

    • headquartered in the reporting country, 103–104

    • headquartered in the reporting country but located abroad, 104

    • headquartered outside the reporting country, 103, 105

    • reserve assets in resident financial institutions, 60

  • Financial instruments

    • denominated in foreign currency and settled by other means, 237, 241, 243–250

  • Financing agreements, 211

  • Floating-rate bonds

    • predetermined drains, 162

  • Flows

    • Reserves Data Template section reported in, 46, 49

    • foreign currency, 31, 33, 36, 39

  • Foreign currency assets. See also Official reserve assets; Other foreign currency assets

    • contingent liabilities, 191–198

    • contingent net drains, 180–190

    • convertible, 67

    • defined, 59

    • defining predetermined drains, 138–143

    • deposits in resident banks, 60, 107–108, 114, A7.6

    • disclosing, 59–63

    • external assets, 62

    • options, 222–235

    • ownership, 68, 87–89

    • predetermined drains, 138–152

    • reserve assets, 65–67

    • securities with embedded options, 199–205

    • undrawn, unconditional credit lines, 206–221

  • Foreign currency deposits, 42, 61–62, 125, 140, 161, 195, 197

  • Foreign currency flows (drains)

    • associated with loans and securities, 153–166

    • other predetermined drains, 178–179

    • relating to forwards, futures, and swaps, 167–177

  • Foreign currency liquidity

    • concepts for Reserves Data Template, 15–19

    • data deficiencies, 1, Box 1.1

    • Reserves Data Template for, 4–8

    • importance of timely disclosure, 2

    • instruments included in resources and drains, 24

    • linkages with international reserves concepts,19

    • off-balance-sheet activities, 5

  • Foreign currency loans, 93, 102, 146, 161, 197

  • Foreign currency reserves deposits, 77

    • reconciling BPM6 concept of reserves and Reserves Data Template, 116

    • reporting in Reserves Data Template, 77–78

    • securities, 77, 109

    • as type of reserve asset, 75

  • Foreign exchange assets

    • defined, 77

    • reconciling BPM6 concept of reserves and Reserves Data Template, 112

    • swap agreements, 73

    • as type of reserve asset, 12, 75

  • Foreign exchange guarantees, Box 1.1, 181, 195

  • Foreign exchange swaps, 167, 170, 173

  • Forward contracts, 134, 170–172, 245

  • Forward transactions, 212

  • Forwards, 26–27, 34, 48, 50, 102, 138, 140, 146, 167–177

  • Freely usable currency, A7.15–18, A7.25, A7.27, A8.6

  • Futures, 102, 134, 167–177

  • Futures contracts, 134, 138, 171–175, 270

  • G

  • GAB. See General Arrangements to Borrow

  • General Arrangements to Borrow

    • commitments to the IMF, 214, A7.13, A8.3, A8.5, A8.9, A8.13, A8.14, A8.15, A8.23

    • reserve position, 96

  • Gold

    • allocated, 98

    • purity, 98, 125, A7.3

    • reconciling BPM6 concept of reserves and Reserves Data Template, 112

    • reporting in Reserves Data Template, 67, 72, 98–101

    • swaps. See Gold swaps.

    • as type of “other foreign currency asset,” 125

    • as type of reserve asset, 12, 75–76

    • unallocated, 98–99

    • valuation, 135

  • Gold deposits

    • reporting in Reserves Data Template, 75, 98–99

  • Gold on loan, 99

  • Gold swaps, 81, 100–101, 178, 255, A5.16, A7.28–29

  • Group of Ten Committee on the Global Financial System, 3

  • Guarantees, 5, 181, 191–195

    • collateral 193–195

    • government, 48, 53

  • H

  • Hard puts, 203

  • I

  • IIP. See International investment position

  • IMF. See International Monetary Fund

  • IMF Managed Trust Account, 57, 70, 93, 102, 215, A8.12, A8.23

  • Immediate delivery transactions, 212, A7.27

  • In-the-money options, 31, 57, 225–226, 228, 231–235, 247, Box 4.2

  • Indexed bonds

    • predetermined drains, 162

  • Indexed securities, 244

  • Inflows

    • Reserves Data Template section reported in, 46, 50, 52

    • predetermined drains, 139–140, 145, 148, 150–151, 166, 179

  • Institutions. See Financial institutions

  • International financial architecture

    • data deficiencies, 1

    • development of framework, 3

    • financial activities covered by Reserves Data Template, 24–25

    • institutions covered by Reserves Data Template, 20–23

    • international reserves concepts, 9–14

    • reporting and dissemination considerations, 37–44

    • structure of Reserves Data Template, 45–50

    • structure of Guidelines, 51–57

    • Reserves Data Template for, 4–8

    • time horizon, 35–36

    • valuation principles, 32–34

  • International investment position, 77, 117, Table 2.1, 154–158

  • International Monetary Fund

    • flexible credit line (FCL), 216, A7.2, A7.10–11

    • loans to, 70, A8.6–7, A8.23

    • note purchase agreement, 215, A8.3, A8.8–9

    • precautionary and liquidity line (PLL), 216, A7.10, A7.12

    • Reserves Data Template Guidelines development, 3

    • reserve position. See Reserve position in the IMF

    • short-term loans to, 93

  • International reserves

    • concepts for Reserves Data Template, 8–14

    • concepts, 19

    • “controlled by” concept, 11, 13, 20, 22, 59

    • data deficiencies, 1

    • data template for, 4–8

    • defined, 9

    • linkages with foreign currency liquidity

    • “readily available” concept, 11, 13, A7.14

    • residency concept, 10

  • Internet

    • dissemination of data, 43

  • L

  • Latin American Reserve Fund (LARF). See Regional pooling arrangements

  • Letters of credit, 197

  • Lines of credit, 73, 206–221

  • Liquidity. See Foreign currency liquidity

  • Loans

    • guarantees, 195

    • pledged assets, 49, 54, 72, 118, 237, 251

    • predetermined drains, 149, 153–154, 159–161

    • reserve assets, 70

    • short-term, 93, 102, 160–161

  • Local governments

    • exclusion from central government, 22

  • Long leg, 173

  • Long positions, 28, 38, 150, 177, 182, 186, 222–230, Box 4.1

  • Long-term loans, 70, 102, 152, 160

  • M

  • Margin, 256

  • Marked-to-market values. See Net, marked-to-market values

  • Market valuation

    • of currency, 133

    • of deposits, 133

    • of financial derivatives, 134, 259–270

    • of monetary gold, 135

    • of reserve assets, 117, 128–130

    • of reserve position in the IMF, 137

    • of securities, 131–132

    • of special drawing rights, 136

  • Marketable assets, 65

  • Marking to market, 134, 260

  • Memo items. See Memorandum items

  • Memorandum items

    • coverage of, 236–241

    • currency composition of reserves, 273

    • financial derivatives assets, 259–270

    • financial derivatives with residual maturity of greater than one year, 271–272

    • financial instruments denominated in foreign currency and settled by other means, 243–250

    • pledged assets, 251

    • reporting of, 25

    • repurchase agreements, 252–258

    • securities lent, 252–258

    • short-term domestic currency debt, 242

    • Special Data Dissemination Standard, Appendix 1

  • Monetary authorities

    • claims on nonresidents, 69

    • coverage in Reserves Data Template, 20

    • defined, 21

    • loans provided by, 70

    • ownership of reserve assets, 68

    • pledged assets, 72

    • real estate ownership, 74

    • reverse repos, 86–87

    • transfers of foreign currency claims, 71

  • Monetary gold. See Gold

  • N

  • NAB. See New Arrangements to Borrow

  • National agencies, A6.8–10

  • NDFs. See Nondeliverable forwards

  • Negotiable certificates of deposit

    • predetermined drains, 78, 162–163

  • Net, marked-to-market values

    • financial derivatives activities, 29, 259–270

    • reporting in Reserves Data Template, 50, 102

    • as type of “other foreign currency asset,” 125

  • Net drains, 15, 139, 180–190

  • Net international reserves, 17

  • Netting by novation, 102, 150, 260, 263

  • New Arrangements to Borrow

    • commitments to the IMF, 96, 214, A7.13, A8.3, A8.5, A8. 9, A8.13–15, A8.23

    • reserve position, 96

  • Nondeliverable forwards, 26, 34, 176, 245–250

  • Nonparticipating preferred stocks

    • predetermined drains, 162

  • Nonresidents

    • claims of the monetary authorities, 69

    • foreign currency securities issued by, 79

    • loans to, 70, 75

    • reconciling BPM6 concept of reserves and Reserves Data Template, 60, 116, Table 2.1

  • Notes (debt instruments)

    • predetermined drains, 162, 174

    • loans to the IMF, A7.13, A8.3, A8.10–11, A8.23 (table)

  • Notional values, 31, 34, 50, 53–54, 188, 223, 225, 227, 272

    • definition A7.20

  • O

  • Off-balance-sheet activities, 5, 16, 138, Box 1.1

  • Official reserve assets. See also Other reserve assets

    • currency composition of, 273

    • defined, 59, 64

    • deposits, 92

    • disclosing, 58–63

    • exclusion of pledged assets, 72

    • external assets, 62, 69

    • financial instruments, 75

    • foreign currency assets, 66–67

    • loans, 70

    • market valuation, 117, 128–130

    • marketable assets, 65

    • ownership, 68

    • “readily available” assets, 65, A7.10–12

    • reconciling BPM6 concept of reserves and Reserves Data Template, Table 2.1, 110–117

    • reserve assets as, 14

    • residency concept, 69

  • On-balance-sheet obligations, 138

  • Options

    • contracts, 5, 181, 190, 237

    • definitions of terms, 228

    • in-the-money options, 231–235

    • long positions, 222–230

    • market valuation, 272

    • notional values, 222–223, 225, 227

    • short positions, 222–230

    • as type of “other reserve asset,” 102

  • OTC instruments. See Over-the-counter instruments

  • Other foreign currency assets

    • defined, 59, 118–127

    • market valuation, 128–129

    • reporting of, 62

  • Other reserve assets

    • reporting in Reserves Data Template, 102

    • short-term foreign currency loans, 93

  • Out-of-the-money options, 247, Box 4.2

  • Outflows

    • predetermined drains, 139–140, 145, 148–151,179

    • Reserves Data Template section reported in, 46, 50

  • Over-the-counter instruments, 171, 245

  • P

  • Participation certificates

    • predetermined drains, 162

  • Pledged assets, 49, 54, 72, 118, 237, 243, 251

  • Position data, 38

    • Reserves Data Template section reported in, 46

  • Positions

    • Reserves Data Template section reported in, 46, 49

  • Post office savings banks

    • deposits held in, 92

  • Precious metals and stones, 98

  • Predetermined drains

    • associated with loans and securities, 159–166

    • defining, 138–143

    • examples, 48

    • other predetermined foreign currency flows, 178–179

    • relating to forwards, futures, and swaps, 167–177

    • relating to money market instruments, 163–165

    • relating to nonparticipating preferred stocks, 162

    • reporting data, 144–152

    • unlike data on external liabilities, 153–158

  • Prevailing market price. See Valuation principles

  • Pro Memoria section. See Reserves Data Template

  • Public debt securities

    • predetermined drains, 165

  • Put options, 182, 199, 200, 202–203, 234, Box 4.1

  • Puttable bonds, 190, 199–205

  • Q

  • Quality of reserves, 89, A7.19

  • R

  • Real estate

    • owned by monetary authorities, 74

  • Reciprocal currency arrangements, 27, 211–212

  • Reference date, 6, 32, 38, 58, 129–132, 144, 146–147, 158, 267

  • Regional pooling arrangements, 216

  • Remaining maturity. See Residual maturity

  • Repos. See Repurchase agreements

  • Repurchase agreements, Box 1.1

    • defined, 82

    • differentiating from reserve assets, 72

    • predetermined drains, 151, 178

    • reporting securities in Reserves Data Template, 81, 84–86, 102, 252–258, 210, 241, A7.21–24

  • Reserve assets. See International reserves; Official reserve assets; Other reserve assets

  • Reserve position in the IMF

    • defined, 96

    • market valuation, 137

    • reconciling BPM6 concept of reserves and Reserves Data Template, 96, 112, Table 2.1

    • as type of reserve asset, 12, 75–76

  • Reserve related-liabilities, 9, A6.2, A6.11–12

  • Reserve tranche, 96

  • Reserves Data Template

    • country notes, 20, 39, 42, 58, 71, 81, 84, 88, 89, 106, 108, 109, 127, 175, 176, 191, 194, 195, 212, 216, 254, 255, 266, 273, A5.13, A5.14, A5.15, A5.16

    • currencies reported, 37, 273

    • data for institutions headquartered in and outside of the reporting country, 103–109

    • disclosing reserve assets and other foreign currency assets, 58–63

    • dissemination of data, 43, 56–57, 61, Appendix 1

    • features of, 20–44

    • financial activities covered, 24–25

    • financial derivatives activities. See Financial derivatives assets.

    • framework of, 4–8

    • gold reporting, 67, 72, 98–101

    • IMF reserve position, 75–76, 96

    • institutions covered, 20–23

    • items not applicable, 40, A5.11

    • other reserve assets reporting, 102

    • Pro Memoria section, 231–235, A4.5–12

    • reconciling with BPM6 concept of reserves, 110–117

    • reference date, 6, 32, 38, 58, 129, 130, 131–132, 144, 146–147, 158, 267, A5.2

    • reporting data, 37–44

    • reporting foreign currency reserves, 77–78

    • securities reporting, 79–90

    • special drawing rights reporting. See Special drawing rights.

    • structure of, 45–50

    • time horizon, 35–36

    • total deposits reporting, 91–95

    • transaction dates, 39

    • types of data reported, 46, 47, 50, 63, 112, 130, 161, 173, 181, 195, 239, 262, 272, A7.10

    • valuation principles. See Valuation principles.

  • Resident financial institutions

    • reserve assets in, 60

  • Residual maturity

    • for contingent net drains, 185

    • defined, 36

  • Reverse repos

  • defined, 82

    • predetermined drains, 151, 178, 253–254, 256

    • reporting securities in Reserves Data Template, 84–87, 256

  • S

  • Savings and loan associations

    • deposits held in, 92

  • Savings banks

    • deposits held in, 92

  • SDDS. See Special Data Dissemination Standard

  • SDRs. See Special drawing rights

  • Securities

    • collateralized, 54, 83

    • with embedded options, 199–205

    • foreign currency reserves, 77, 109, 115

    • guarantees, 195

    • indexed, 7, 162, 237, 242, 244, 248

    • market valuation, 131–132

    • predetermined drains, 149, 153–154, 162–166

    • quality of, 89, A7.3, A7.19

    • reconciling BPM6 concept of reserves and Reserves Data Template, 115

    • reporting in Reserves Data Template, 79–90

    • underwriting agreements, 197

  • Securities lending

    • defined, 83

    • differentiating from reserve assets, 72

    • predetermined drains, 178

    • reporting in Reserves Data Template, 81, 84, 210, 251–258

  • Securities lent/borrowed

    • reporting in Reserves Data Template, 88

  • See/buybacks

    • reporting securities in Reserves Data Template, 81 (footnote)

  • Series A and Series B notes, A8.10–11

  • Settlement dates, 39

  • Short leg, 173

  • Short positions, 28, 38, 150, 177, 182, 222–230, Box 4.1

  • Short-term

    • defined, 35

  • Short-term domestic currency debt, 242

  • Short-term drains, 139, 142

  • Short-term loans, 93, 102, 160–161

  • Silver bullion, 98

  • Social security funds

    • defined, 22

  • Soft puts, 203

  • Special Data Dissemination Standard, 30, 183, A1.1–8

  • Special drawing rights

    • allocation, A8.18–19, A8.23

    • accrued interest, A8.20–23

    • currency composition of reserves, 273

    • holdings, 97, A8.18–19

    • market valuation, 136

    • reconciling Reserves Data Template and BPM6 concept of reserves, 112

    • reporting in Reserves Data Template, 75, 97, 112, A8.18–22

    • as type of reserve asset, 12, 75–76

  • Spot transaction, 100 (footnote), 212

  • State governments

    • exclusion from central government definition, 22

  • Stock data

    • Reserves Data Template section reported in, 46

  • Stress testing, 30–31, 53, 57, 183, 231, 235

  • Strike price, 31, 134, 146, 222, 234

  • Subsidiaries of financial institutions, 61, 104–105, 108, 114

  • Swap agreements

    • for foreign exchange assets, 73, A7.25–28

  • Swap facilities, 213

  • Swap transactions, 212

  • Swaps, 102, 167–177. See also Gold swaps

  • T

  • Term deposits, 91, 197

  • Test date, 216

  • Time horizon

    • in Reserves Data Template, 35–36

  • Transaction dates, 39

  • Transaction prices, 131

  • Treasury bills

    • predetermined drains, 163

  • U

  • Unconditional credit lines, 206–221

  • Underwriting agreements, 197

  • Undrawn credit lines, 206–221

  • Unlisted (not listed) securities, 79

  • V

  • Valuation principles

    • benchmark revaluations, 130

    • prevailing market price, 134, 260, 264–265, 268

    • in Reserves Data Template, 32–34

    • market valuation of reserve assets, 117

  • W

  • Window dressing, 71

  • Written calls, 223, A4.8, Box 4.1

  • Written options, 182

  • Written puts, 223, A4.8, Box 4.1

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