Table M1 - Valuation of Debt Securities
Table Name
5.1 Main valuation method for debt securities (in main table)
5.2 Main valuation method for debt securities (in memorandum items)
5.3 Other methods and weights used for valuation of debt securities
Argentina
Armenia
Australia
Austria
Belarus
Belgium
Brazil
Canada
Chile
China
Colombia
Costa Rica
Croatia
Cyprus
Czech Republic
Denmark
Ecuador
Egypt
El Salvador
Estonia
EURO Area
Finland
France
Georgia
Germany
Greece
Hong Kong SAR, China
Hungary
Iceland
India
Indonesia
Ireland
Israel
Italy
Japan
Jordan
Kazakhstan
Korea
Latvia
Lithuania
Luxembourg
North Macedonia
Malaysia
Malta
Mauritius
Mexico
Moldova
Netherlands
Norway
Philippines
Poland
Portugal
Romania
Russian Federation
Singapore
Slovak Republic
Slovenia
South Africa
Spain
Sweden
Switzerland
Thailand
Tunisia
Turkey
Ukraine
Uruguay
ArgentinaNominal ValueNominal ValueNone
ArmeniaMarket ValueNot reporting debt securities in memorandum items.None
AustraliaMarket ValueNot reporting debt securities in memorandum items.None
AustriaMarket ValueMarket ValueNone
BelarusNominal ValueNot reporting debt securities in memorandum items.None
BelgiumMarket ValueNot reporting debt securities in memorandum items.None
BrazilMarket ValueMarket ValueIn the main table, the market value of debt securities are considered just for the debt securities issued by the Government. Information regarding the market value of the debt securities issued by the private sector is not available and is reported in nominal value.
CanadaMarket ValueNominal ValueNone
ChileMarket ValueNominal ValueNone
ChinaMarket ValueNot reporting debt securities in memorandum items.None
ColombiaNominal ValueNominal ValueNone
Costa RicaMarket ValueMarket ValueNone
CroatiaNominal ValueMarket ValueFor now, we do not disclose memo items on market values of debt securities. However, we plan to do so in the near future, because our securitues statistics recently started to provide reliable market data.
CyprusMarket ValueNot reporting debt securities in memorandum items.None
Czech RepublicBoth Market/Nominal ValueUnknownFor a prevailing part of securities they are quoted or traded the market value is available. For other securities the nominal value as a proxy is used. There is only one type of valuation for individual security available.
DenmarkMarket ValueMarket ValueNone
EcuadorNominal ValueNominal ValueNone
EgyptNominal ValueNominal ValueNone
El SalvadorNominal ValueNominal ValueNone
EstoniaMarket ValueNot reporting debt securities in memorandum items.The general principle is to use the market values.
EURO AreaMarket ValueNot reporting debt securities in memorandum items.None
FinlandMarket ValueN/ANone
FranceMarket ValueMarket ValueNone
GeorgiaMarket ValueNominal ValueNone
GermanyMarket ValueNot reporting debt securities in memorandum items.In order to calculate market values, BoP flows during the reporting period are converted into nominal transactions and added to the nominal stocks of the previous reporting date. The conversion is performed using average market prices and, possibly, exchange rates for individual instruments and sectors. Finally, the new nominal stocks are converted into market values using the market prices and exchange rates as at the reporting date. However, the data for short-term debt securities are compiled by modified accumulation of flows; market valuation is not applied.
GreeceMarket ValueNominal ValueNone
Hong Kong SAR, ChinaMarket ValueNot reporting debt securities in memorandum items.Memorandum items showing debt securities other than market value are not available.
HungaryMarket ValueMarket ValueNone
IcelandMarket ValueMarket ValueDomestically issued debt securities are valued at market value. Foreign issued debt securities are valued at nominal valu
IndiaNominal ValueNot reporting debt securities in memorandum items.None
IndonesiaNominal ValueNot reporting debt securities in memorandum items.None
IrelandMarket ValueNot reporting debt securities in memorandum items.None
IsraelNominal ValueNominal ValueNone
ItalyMarket ValueNot reporting debt securities in memorandum items.Market value valuation method is uniquely applied.
JapanMarket Value and Nominal ValueNot reporting debt securities in memorandum items.Tradable instruments are valued at the market values as much as possible. If it is not possible, they are valued at the book value.
JordanFace ValueNot reporting debt securities in memorandum items.None
KazakhstanMarket ValueNominal ValueNone
KoreaFace ValueNot reporting debt securities in memorandum items.None
LatviaMarket ValueNominal ValueNone
LithuaniaMarket ValueNominal ValueNone
LuxembourgMarket ValueNot reporting debt securities in memorandum items.None
North MacedoniaMarket ValueNominal ValueDebt securities in memorandum items, only for the period 2004-2009, are presented at market values, while starting from 2010, they are presented at nominal value, as required.
MalaysiaNominal ValueNot reporting debt securities in memorandum items.None
MaltaMarket ValueNot reporting debt securities in memorandum items.None
MauritiusFace ValueNot reporting debt securities in memorandum items.None
MexicoMarket ValueFace ValueStarting from October-December 2018 onwards, the data is now available at market value. Going forward, the data will also be updated retrospectively from face value to market value in future information updates.
MoldovaNominal ValueNot reporting debt securities in memorandum items.None
NetherlandsMarket ValueNot reporting debt securities in memorandum items.None
NorwayMarket Value and Face Value - Main valuation method is market value. However book/face value is used if market prices are unavailable.Not reporting debt securities in memorandum items.None
PhilippinesNominal ValueNot reporting debt securities in memorandum items.None
PolandMarket ValueNominal ValueNone
PortugalMarket ValueNot reporting debt securities in memorandum items.None
RomaniaMarket ValueNominal ValueNone
Russian FederationMarket Value, Nominal Value and Face ValueMarket value of General Government debt securities is presented in the memorandum item only.General government securities are estimated at face value. Debt securities of other sectors are recorded at market value. For deposit-taking corporations (except central bank) both market value and nominal value are used.
SingaporeMarket ValueNot reporting debt securities in memorandum items.None
Slovak RepublicMarket ValueNot reporting debt securities in memorandum items.None
SloveniaMarket ValueNot reporting debt securities in memorandum items.None
South AfricaMarket and Nominal ValueNot reporting debt securities in memorandum items.Conversion to unit of account: All foreign currency-denominated debt converted at the middle market rates of exchange on the last day of a calendar quarter. Valuation: Loans and deposits as well as foreign currency debt securities are valued at nominal value . Domestic traded securities are valued at market value.
SpainMarket ValueNot reporting debt securities in memorandum items.None
SwedenMarket ValueMarket ValueNone
SwitzerlandMarket ValueNot reporting debt securities in memorandum items.None
ThailandMarket ValueFace ValueNone
TunisiaMarket ValueNot reporting debt securities in memorandum items.None
TurkeyFace ValueNot reporting debt securities in memorandum items.None
UkraineNominal ValueNominal ValueNone
UruguayMarket and Face ValueNot reporting debt securities in memorandum items.Assets are market valued and liabilities are face valued.
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