Due to the publication of Central
Bank Survey, Credit
Institutions Survey and Banking
System Survey in extended format
(hereafter - Surveys) which contain updated values of Money
Supply the Bank of Russia
informs about the changes.
The changes were made as a part of the work on completing the
integrated information basis for the compilation of monetary statistics, SNA
financial balance sheets and financial accounts. In this case classification of
data from various sources was completed, new sources of information on
non-credit financial organizations were added and harmonization of data with
Government Finance Statistics (hereafter - GFS) was made.
Liquidity and counterparty sectors for Money Supply deposits
were additionally analyzed with the use of more detailed sources of
information. As a result, the part of funds which belongs to Federal Government
sector and restricted deposits of nonfinancial organizations and households
were excluded from Money supply.
Particularly, the data based on
reports of management companies of the Pension Fund of the Russian Federation on
pension savings invested in credit institutions deposits as well as the data on
funds obtained under repo agreements with Federal Treasury, was excluded from
transferable and other deposits of financial (excluding credit institutions)
organizations.
The data on several public
corporations which are the part of General Government sector according to GFS methodology
were excluded from the transferable deposits of nonfinancial organizations.
The data on restricted funds were
excluded from other deposits of nonfinancial organizations and households.
20 January 2017