International Comparisons


Predetermined Short-Term Net Drains on Foreign Currency Assets (Nominal Value)

Table    Publication schedule

Notes:

This table shows data for individual euro area countries and the ECB, as well as the corresponding euro area aggregates. Predetermined short-term net drains on foreign currency assets comprise anticipated inflows or outflows from transactions in currencies other than euro in connection with loans, securities and deposits that are to be settled by the respective central banks within the next 12 months. Outflows have a negative sign (–), inflows have a positive sign (+). It is insignificant whether the counterparty is a resident or a nonresident of the euro area and whether the counterparty is headquartered in the euro area or not.

Source:

ECB.

Definitions and terms:

Foreign currency, loan, securities, deposit, short position, long position, forward transaction, inflows, outflows, Eurosystem.

Legal basis:

2004/808/EC Guideline of the European Central Bank of 16 July 2004 on the statistical reporting requirements of the European Central Bank in the field of balance of payments and international investment position statistics, and the international reserves template (ECB/2004/15). IMF Articles of Agreement and Special Data Dissemination Standard.

Methodology:

Collected monthly.

Reporting institutions:

Euro area NCBs and the ECB (Eurosystem).

Standards and codes:

ISO country and currency codes. 2004/808/EC Guideline of the European Central Bank of 16 July 2004 on the statistical reporting requirements of the European Central Bank in the field of balance of payments and international investment position statistics, and the international reserves template (ECB/2004/15). IMF, 2001: International Reserves and Foreign Currency Liquidity: Guidelines For A Data Template, Anne Y. Kester.