Monetary and Financial Statistics - Introductory

Source details

Canonical URL

Monetary and Financial Statistics - Introductory

Other formats

• Markdown version
• Structured JSON version
• Bundle manifest

Bibliographic details

• Published: July 30, 2025

Overview

• Training Program: Monetary and Financial Statistics - Introductory (MFS-I).
• Focus: Conceptual and practical aspects of compiling monetary statistics for the central bank (CB) and other depository corporations (ODCs) consistent with the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG).
• Emphasis on building blocks of MFS: residency and sectorization of institutional units, characteristics and types of financial instruments, valuation principles, and accounting issues relevant to monetary statistics compilation.

Target audience and qualifications

• Target Audience:
  • Officials from central banks and/or financial regulatory institutions involved in compilation and analysis of monetary statistics.
• Qualifications:
  • Expected to have a degree in economics or statistics or equivalent experience.
  • Previous completion of the MFS online course is recommended.

Course objectives

• Grasp the conceptual framework underlying MFS compilation, focusing on sectoring, classification, and valuation of financial instruments, as well as accounting principles.
• Compile monetary statistics (sectoral balance sheets and surveys) for the CB, ODC, and DC sectors.
• Interpret how the DCs survey and the money and credit aggregates support the analysis of monetary policy.
• Recognize the treatment of electronic money and central bank digital currencies (CBDCs) in MFS.
• Acquire an initial insight into compilation of monetary statistics for other financial corporations (OFCs).

Core content and technical topics

• Sector concepts and sectorization:
  • Residency and sectorization of institutional units.
  • Defining characteristics of depository corporations (DCs), notably their role as money issuers.
• Financial instruments and valuation:
  • Characteristics and types of financial instruments.
  • Valuation principles and other accounting issues relevant to monetary statistics.
• Special treatments:
  • Treatment of electronic money and central bank digital currencies (CBDCs) in MFS.
  • Introduction to other financial corporations (OFCs).
• Surveys and analytical presentations:
  • Use of the IMF's standardized report forms (SRFs).
  • Derivation of analytical presentations from SRFs: central bank survey, ODCs survey, and the DCs survey.
  • Consolidation and rearrangement of sectoral balance sheets of DCs into analytical presentations with key financial aggregates like credit and money.

Methods and learning activities

• Instructional format:
  • Lectures and exercises emphasizing practical aspects of compiling monetary statistics for central banks and ODCs.
  • Peer learning through sharing of country experiences among participants.

References

• Core Elements of Banking Supervision (CBS)
• Advanced Government Finance Statistics (GFS-A)
• Fiscal Sustainability (FS)
• Safeguards Assessments of Central Banks (SAC)