HOME Links Announcements Exchange Rates Site Map Tetum Version Tetum Portugues Version Português
Feedback Form feedback form
webmail
Careers Careers
 
MONETARY STATISTICS    
 Active Users online:  3 

 | Introduction | Monetary Survey | Search Database | Monetary Survey Data

Monetary Survey Data

The data below for your download are yearly data on Central Bank Survey, Commercial Banks Survey, Depository Corporation Survey, Interest Rate, International Reserves and Monetary aggregate for Timor-Leste. You can click more to see data from 2002.. Further explanation on the data is available below and the database can also be searched to generate your table and graph as required. The data will be released and updated on monthly basis. as in the schedule below;
 

DATA                                                      Release Date
 November,  2011………………    December, 21, 2011 (Wednesday)
 December ,  2011........………….  January, 23, 2012 (Monday)
 January, 2012.......………………..  February, 21, 2012 (Tuesday)

   Portuguese   Tetum   English 
Central Bank Survey
  » December 2011  
   
Other Depository Corporation Survey  
  » December 2011  
           more
Depository Corporations Survey  
  » December 2011  
           more
Interest Rates  
  » December 2011  
           more
International Reserves  
 » December 2011  
           more
Monetary Aggregate  
  » December 2011  
           more

Introduction

Monetary statistics consist of a comprehensive set of stock and flow data on the financial and non- financial assets and liabilities of an economy ’s financial corporations sector. For compiling the Monetary Statistics, the financial corporations sector is divided into the central bank, other depository corporations, and the other financial corporations. Currently, the source of Timor-Leste monetary statistics only include the central bank (BCTL) and other depository corporations (three commercial banks and one microfinance).

The framework for the Monetary Statistics recommended by the IMF Monetary and Financial Statistics Manual, embodies two levels of data compilation and presentation. At the first level, stock and flow data reported by individual institutional units are aggregated into sectoral balance sheet, which contain comprehensive data for the BCTL/ central bank and other depository corporations. At the second level, the data in the sectoral balance sheets are consolidated into surveys.

The assets and liabilities of the monetary survey represent the assets and liabilities of the entire banking system. One important purpose of the monetary survey is to present, in a timely fashion, data on monetary and credit developments for the entire banking system that will allow policymakers to monitor these developments and to adjust monetary policy, if necessary. The balance sheet presentation of the DCS link depository corporation’ broad money liabilities to their foreign assets and liabilities and to their claims on and liabilities to central government, thereby linking the monetary statistics to the balance of payments and government finance statistics, respectively. 

Most of the items in the monetary survey are self-explanatory, it is important to highlight the key features as appear in the analytical version.

Monetary Survey

                 Analytical Balance sheet of the Banking System

                                 Monetary Survey

           Assets                                                Liabilities

Net foreign assets (NFA)                                Broad Money (M2)

Net Domestic assets (NDA)                                Narrow money (M1)

                                                                                  Currency in circulation (CY)

                                                                                  Demand deposit (DD)

 Net domestic credit ) (NDC)                            Quasi-money (QM

 Net Claims on the government  (NCG)             Time and saving deposits (TD)

 Claims on the private sector                              Foreign currency deposits (FC)

 Other items, net (OIN)

Net foreign assets include the foreign currency value ( US dollar as legal tender) of the net official international reserves (on the assets side, including foreign currency, deposit, securities other than shares, the country’s IMF subscription in the IMF; on the liabilities side, including short-term liabilities to foreign that is, IMF subscription and deposit of non resident.

Claims/credit on the government (net) is loans by BCTL to government. They are shown net government deposits, because there are no loans from BCTL/ Central Bank of Timor-Leste to the government..

Claims on the private sector, are in general likely to be insignificant; typically it is the business of the DMBs, not the central bank, to make loans to households and enterprises.

Other Items (net) is a residual category that is usually shown on a net basis. Other item (net) includes the physical assets of bank (on the asset side); provision and miscellaneous item (as a liability side).

On the liabilities side, the monetary survey contains the overall liquidity generated by the banking system, or the stock of money. The money stock consists of currency in circulation outside banks (centavos) plus demand deposit in the banking system. Quasy-money consists of time and savings deposits in the banking system. The concept of broad money (M2) covers the liabilities of the banking system.

Broad money is a main liability of the monetary authorities (BCTL), and it plays a central role in monetary analysis and policy in many of central bank (except in Timor-Leste as dolarized country). Reserve money includes mainly currency that has been issued in outside bank (currency in circulation), plus bank deposit with the BCTL not include cash in vault because US dollar as a legal tender and there are classified in foreign currency under net foreign assets. It excludes the deposits the government.

Reference:

IMF, Monetary and financial statistics manual, Washington, 2000, 157 pp

 

 
   You are visitor no:  109492 Home |Privacy Policy | Terms & Conditions
Copyright ©  2011 Central Bank, Dili, Timor-Leste. All rights reserved. Email Webmaster