Portfolio Investment: CPIS Data - Database Contents CPIS = Coordinated Portfolio Investment Survey

Notes and Definitions

Individual Economy Tables (Tables 1 - 5)

• By Participant
  
• By Topic

Securities Held as Reserve Assets and Securities Held by International Organizations Tables (Tables 6 - 7)

Geographic Breakdown Tables (Tables 8, 8.1 - 8.2)

Global Tables (Tables 9 - 13)

Under the auspices of the IMF, a Coordinated Portfolio Investment Survey (CPIS) is conducted on an annual basis.

The purpose of the CPIS is to collect information on the stock of cross-border holdings of equities and long- and short-term debt securities valued at market prices prevailing at the time of the CPIS, and broken down by the economy of residence of the issuer. The CPIS calls for data on holdings of securities at end-December of the reference year. In addition to this core (i.e., mandated) set of data, the CPIS also encourages the reporting of supplementary information that is considered to be useful, as indicated below.

Considerable effort has been made to set standards for the compilation of CPIS data by documenting best practices in compilation (see CPIS Guide, Second Edition), and to draw on the synergies released by a coordinated effort to conduct such surveys for a common reference date. For the core items, the result is a global database of holdings of reported cross-border holdings of securities and derived portfolio investment liabilities with the capacity for showing bilateral and partner economy data from the creditor or debtor perspective.

Holdings of securities which comprise direct investment, as identified by the CPIS participating economies, are out of scope of the CPIS.

In conjunction with the CPIS, which was undertaken by national compilers assigned by the economies themselves, a survey of the Geographical Distribution of Securities Held as Foreign Exchange Reserves (SEFER) and a survey of the Geographical Distribution of Securities Held by International Organizations (SSIO) were also conducted to augment the coverage of securities' positions collected in the CPIS. The SEFER was conducted by participating central banks and the SSIO by the IMF.

Results of the CPIS

The results of the CPIS are presented in four types of tables:

• Tables showing data for individual economies (which exclude securities held as reserve assets);

• Tables showing data for securities held as reserve assets and data for international organizations;

• Tables showing a geographic breakdown of data in matrix form for individual economies;

• Tables showing the global results of the CPIS.

The IMF plans to publish the initial release of CPIS data 12 months after the reference date. Revised data are to be posted six months after the initial release and further revisions at the same time as the release of data for the following year's CPIS. Thus, revised data are to be posted on the website at six month intervals.

Notes and Definitions provide summary information about the CPIS database.

Individual Economy Tables, which exclude securities held as reserve assets, show reported mandated and encouraged data for each economy and derived data for portfolio investment liabilities. These tables are organized by topic and by participant.

Securities Held as Reserve Assets and Securities Held by International Organizations Tables  show the reported data for securities held as reserve assets and the reported data for securities held by international organizations. For reasons of confidentiality these data are reported only in aggregate across all holders and the two sets of data are combined.

Geographic Breakdown Tables comprise in matrix form data from the individual economy tables of residents' holdings of securities issued by nonresidents (reported data) and the derived data for nonresidents' holdings of securities issued by residents (derived data). The geographic breakdown of the reported data is limited to the CPIS participating economies, while the geographic breakdown of the derived data covers all economies that issue securities that are held by CPIS participating economies.

Global Tables comprise tables for cross-border holdings of securities and derived liabilities based on the creditor data. Economies are listed alphabetically and also sorted by size of holdings of securities and size of derived liabilities. Partner economy data are shown for the ten largest economies as measured by size of holdings of securities and size of derived liabilities.

Contact information:

Please e-mail any questions or comments to cpis@imf.org.