| Table Name | Italy |
| 1.0 Contact Information | |
| 1.1 Name | Luca Serrai |
| 1.2 Designation (Job Title) | Senior Statistician |
| 1.3 Organization | Banca d'Italia |
| 1.4 Mailing Address | Via Nazionale 91, 00184 Roma |
| 1.5 Country | Italy |
| 1.6 Email | luca.serrai@bancaditalia.it |
| 1.7 Telephone | +39 0647928101 |
| 2.0 Concepts, Definitions and Scope | |
| 2.1 Statistical frameworks for the compilation of external debt data | 2013 External Debt Statistics Guide/6th Edition of Balance of Payments Manual (BPM6) |
| 2.2 Consistency with the external debt liabilities of the International Investment Position (IIP) | Yes |
| 2.3 Additional Information on Concepts, Definitions and Scope | None |
| 3.0 Sector Classification/Coverage | |
| 3.1 Data coverage for General Government | Fully covered |
| 3.2 Data coverage for Central Bank | Fully covered |
| 3.3 Data coverage for Deposit-taking corporations, except the Central Bank | Fully covered |
| 3.4 Data coverage for Other Sectors | Fully covered |
| 3.5 Data coverage for Other financial corporations | Fully covered |
| 3.6 Data coverage for Nonfinancial corporations | Fully covered |
| 3.7 Data coverage for Households and nonprofit institutions serving households (NPISHs) | Fully covered |
| 3.8 Data coverage for Direct Investment: Intercompany lending | Fully covered |
| 3.9 External debt statistics presented into Public and Publicly Guar. Private Sector and Private Sector Not Publicly Guar. Debt | No |
| 3.10 External debt include both foreign currency and domestic currency denominated debt instruments held by nonresidents | Yes |
| 3.11 Additional comments and explanations on Sector Classification/Coverage | None |
| 4.0 Debt Instrument Classification/Coverage | |
| 4.1 Data coverage for Currency and deposits | Fully covered |
| 4.2 Data coverage for Debt Securities | Fully covered |
| 4.3 Data coverage for Loans | Fully covered |
| 4.4 Data coverage for Trade credit and advances | Fully covered |
| 4.5 Data coverage for Other debt liabilities | Fully covered |
| 4.6 Data coverage for Special drawing rights (allocations) | Fully covered |
| 4.7 Data coverage for Debt liabilities of direct investment enterprises to direct investors | Fully covered |
| 4.8 Data coverage for Debt liabilities of direct investors to direct investment enterprises | Fully covered |
| 4.9 Data coverage for Debt liabilities to fellow enterprises | Fully covered |
| 4.10 Arrears (including interest that accrues on arrears) reported in the same debt instrument | Yes |
| 4.11 Arrears separately identified in the memorandum items | No |
| 4.12 Classification of maturity for short-term/long-term debt instruments | Original Maturity |
| 4.13 Additional comments and explanations on Debt Instrument Classification/Coverage | (i) SDR allocations are included from 2002Q4. (ii) QEDS cover all debt positions between residents and non-residents, measuring both domestic and foreign currency debt owed to non-residents. |
| 5.0 Valuation and Basis of Recording | |
| 5.1 Main valuation method for debt securities (in main table) | Market Value |
| 5.2 Main valuation method for debt securities (in memorandum items) | Not reporting debt securities in memorandum items. |
| 5.3 Other methods and weights used for valuation of debt securities | Market value valuation method is uniquely applied. |
| 5.4 Basis for compiling external debt statistics | Accrual Basis |
| 5.5 Inclusion of accrued interest costs that are not paid | Yes |
| 6.0 Data sources/Compiling Organizations | |
| 6.1 Main data source(s) for the external debt statistics | (i) For sectors "Monetary authorities" and "Deposit-taking corporations except the central bank": with the exception of liabilities in debt securities, pure stock figures for liabilities are reported on a monthly basis. Information is broken down by type of liability, currency, maturity and debtor country.
(ii) For "General government" and "Other sectors", with the exception of debt securities, for stocks data the main source is the "Direct reporting system" (A set of surveys which collects flows and stocks data from a sample of insurance and non-financial enterprises).
(iii) For Portfolio investment liabilities, the main data sources are the monthly s-b-s indirect reports by custodians, including the Italian Central Securities Depositary, complemented with direct reporting by Monetary financial institutions on their own assets and with estimates of securities directly held in custody abroad as derived from a sample of insurance and non-financial enterprises. |
| 6.2 Link(s) to national website where the external debt statistics are being disseminated | http://www.bancaditalia.it/statistiche/tematiche/rapporti-estero/posizione-patrimoniale/index.html?com.dotmarketing.htmlpage.language=1 |
| 6.3 Link(s) to relevant metadata that currently exists and is consistent with your external debt statistics | http://dsbb.imf.org/Pages/SDDS/DQAFBase.aspx?ctycode=ITA&catcode=EXD00 |
| 6.4 Primary agency responsible for compiling external debt statistics | Banca d'Italia |
| 6.5 Primary agency responsibile for disseminating external debt statistics | Banca d'Italia |
| 7.0 Periodicity and Timeliness | |
| 7.1 Frequency of external debt statistics compilation | Quarterly |
| 7.2 Frequency of external debt statistics dissemination | Quarterly |
| 7.3 Timeliness of the publication of the external debt statistics | The publication takes place 90 days after the end of the reference period. |
| 7.4 Additional comments on Periodicity and Timeliness | None |
| 8.0 Revision Policy | |
| 8.1 Data revision policy | Regular schedule - External debt data are revised three months after the first release, along with the publication of the more recent period. In March each year the data referred to the three preceding years are further revised, if needed. |
| 9.0 Unit of Measure | |
| 9.1 Unit of Measure | Data are in USD. |
| 10.0 Reference Period | |
| 10.1 Reference Period | (i) Data are available starting from 2002Q4. (ii) Data converted through generic conversion from 2003 EDS Guide/BPM5 to 2013 EDS Guide/BPM6 basis by the World Bank from 2002Q4 to 2007Q4. (iii) Data reported by country on a 2013 EDS Guide/BPM6 basis starting from 2008Q1. (iv) As per 2013 EDS Guide/BPM6 methodology, data includes SDR allocations sourced from IMF (the creditor) for period 2002Q4 to 2007Q4, and reported by the country from 2008Q1 onward. |
| 11.0 Table Reporting | |
| 11.1 Table 1 - Gross External Debt Position: by Sector (Prescribed component) | Yes |
| 11.2 Table 2 - Gross External Debt Position: Foreign Currency and Domestic Currency Denominated Debt (Encouraged component) | No |
| 11.3 Table 3 - Debt-Service Payment Schedule for Outstanding External Debt as of End-Period: by Sector (Encouraged component) | No |
| 11.4 Table 4-Gross External Debt Position:Principal and Interest Payments Due in 1 Yr or less -by Sector (Encouraged component) | No |
| 11.5 Table 1.1 - Gross External Debt Position: Debt Securities - Reconciliation of Nominal and Market Value | No |
| 11.6 Table 1.2 - Gross External Debt Position: Other Sectors | No |
| 11.7 Table 1.3 - Gross External Debt Position: Public Sector Debt and Publicly-Guaranteed Private Sector Debt | No |
| 11.8 Table 1.4 - Gross External Debt Position: Arrears by Sector | No |
| 11.9 Table 1.5 - Net External Debt Position: by Sector | No |
| 11.10 Table 1.6 - Gross External Debt Position: Reconciliation of Positions and Flows | No |
| 11.11 Table 2.1 - Gross External Foreign Currency and Foreign-Currency-Linked Debt Position | No |
| 11.12 Table 3.1 - Gross External Debt Position: Short-Term Remaining Maturity - by Sector | No |
| 11.13 Table 3.2 - Debt-Service Payment Schedule for Outstanding External Debt as of End-Period: by Sector and Instrument | No |
| 12.0 Metadata Update | |
| 12.1 Metadata last updated | 12/14/2016 |