Monetary and Financial Statistics

Source details

Central bank officials.
Officials from financial regulatory agencies responsible for compiling monetary statistics.
Users interested in understanding key conceptual framework and compilation process.

Presented by the Statistics Department.
Introduction to the compilation of monetary statistics covering the central bank (CB), other depository corporations (ODCs) and other financial corporations (OFCs) in accordance with international statistical standards.
Course materials are based on the 2016 Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG).
Topics include:
- Principles of residency and sectoring of institutional units.
- Characteristics and types of financial instruments.
- Valuation principles and other accounting issues relevant to the compilation of monetary statistics.
- Defining characteristics of depository corporations (DCs), notably their role as money issuers.
- Main principles on which analysis of monetary and credit aggregates is based.
- Deeper understanding of the OFCs sector and their relevance for compiling a broader and often more reliable measure of the liquidity available in an economy and financing extended to the nonfinancial sectors and nonresidents by the financial corporations.

Upon completion of the course, participants should be able to:

Describe the scope and use of MFS, including the source data for monetary statistics and the compilation process.
Explain the conceptual framework underlying MFS compilation, focusing on sectoring, classification and valuation of financial instruments, as well as accounting principles.
Understand the different measures of money supply and other key aggregates, as well as their compilation methods from sectoral balance sheets of financial corporations.
Become familiar with the structure and components of central bank, other depository corporations, and other financial corporations sectoral balance sheets and link them to the compilation of the analytical surveys.