| Table Name | Trinidad and Tobago |
| 1.0 Contact Information | |
| 1.1 Name | Richard Cassie |
| 1.2 Designation (Job Title) | Economic Analyst II |
| 1.3 Organization | Central Bank of Trinidad and Tobago |
| 1.4 Mailing Address | Eric Williams Plaza, Independence Square, Port of Spain |
| 1.5 Country | Trinidad and Tobago |
| 1.6 Email | rcassie@central-bank.org.tt |
| 1.7 Telephone | (868) 621-2288 ext. 4895 |
| 2.0 Concepts, Definitions and Scope | |
| 2.1 Statistical frameworks for the compilation of external debt data | 2013 External Debt Statistics Guide (2013 EDS Guide)/6th Edition of Balance of Payments and International Investment Position 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 | Data used in the compilation are obtained from a variety of sources, including surveys collected for external sector statistics purposes and administrative records from the Central Bank of Trinidad and Tobago (CBTT), the Central Government, insurance companies and licensed deposit-taking financial institutions. In terms of major deviations from international standards, the Central Government debt is valued at face value and accrued interest is not included. |
| 3.0 Sector Classification/Coverage | |
| 3.1 Data coverage for Public Sector External Debt | Partly covered, with some gaps |
| 3.2 Data coverage for Publicly-Guaranteed Private Sector External Debt | Not Applicable |
| 3.3 Data coverage for Private Sector External Debt Not Publicly Guaranteed | Partly covered, with some gaps |
| 3.4 Data coverage for Central Government | Fully covered |
| 3.5 Data coverage for General Government | Fully covered |
| 3.6 Data coverage for Nonfinancial public sector | Partly covered, with some gaps |
| 3.7 Data coverage for Total financial and nonfinancial public sector | Partly covered, with some gaps |
| 3.8 Data coverage for General Government if reporting Table 6 (SDDS prescribed component) | Fully covered |
| 3.9 Data coverage for Central Bank if reporting Table 6 (SDDS prescribed component) | Fully covered |
| 3.10 Data coverage for Deposit-taking corporations, except the Central Bank if reporting Table 6 (SDDS prescribed component) | Fully covered |
| 3.11 Data coverage for Other Sectors if reporting Table 6 (SDDS prescribed component) | Partly covered, with some gaps |
| 3.12 Data coverage for Other financial corporations if reporting Table 6 (SDDS prescribed component) | Broadly covered (non-coverage insignificant) |
| 3.13 Data coverage for Nonfinancial corporations if reporting Table 6 (SDDS prescribed component) | Partly covered, with some gaps |
| 3.14 Data coverage for HH and nonprofit institu. serving households (NPISHs) if reporting Table 6 (SDDS prescribed component) | Partly covered, with some gaps |
| 3.15 Data coverage for Direct Investment: Intercompany lending if reporting Table 6 (SDDS prescribed component) | Partly covered, with some gaps |
| 3.16 External debt include both foreign currency and domestic currency denominated debt instruments held by nonresidents | No - Non-resident holdings of debt liabilities issued in domestic currency are not measured. Currently transactions involving non-residents holdings of these are limited. |
| 3.17 Additional comments and explanations on Sector Classification/Coverage | Data for other sectors are collected via a partial coverage enterprise surveys. Other financial corporations include insurance companies, mutual funds and the Heritage and Stabilization Fund. The mutual funds currently surveyed account for approximately 90% of total funds under management by this sector. Data for the Government of Trinidad and Tobago, CBTT and deposit-taking corporations are fully covered from administrative records. Direct Investment
through inter-company lending accounts for the bulk of private sector external debt, the vast majority of which is incurred by energy sector companies which is indicative of their funding structure and exploration and production operations. |
| 4.0 Debt Instrument Classification/Coverage | |
| 4.1 Data coverage for Currency and deposits | Partly covered, with some gaps |
| 4.2 Data coverage for Debt Securities | Partly covered, with some gaps |
| 4.3 Data coverage for Loans | Partly covered, with some gaps |
| 4.4 Data coverage for Trade credit and advances | Partly covered, with some gaps |
| 4.5 Data coverage for Other debt liabilities | Partly covered, with some gaps |
| 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 | Partly covered, with some gaps |
| 4.8 Data coverage for Debt liabilities of direct investors to direct investment enterprises | Partly covered, with some gaps |
| 4.9 Data coverage for Debt liabilities to fellow enterprises | Partly covered, with some gaps |
| 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 | 1. SDR allocations are included starting from 2015Q1. 2. Data on currency and deposits, debt securities, loans, trade credit and advances and other debt liabilities for nonfinancial corporations are obtained from partial coverage surveys. |
| 5.0 Valuation and Basis of Recording | |
| 5.1 Main valuation method for debt securities (in main table) | Market Value and Face Value |
| 5.2 Main valuation method for debt securities (in memorandum items) | Market Value and Face Value |
| 5.3 Other methods and weights used for valuation of debt securities | With the exception of Government debt securities, securities are recorded at market value. Data on Government debt securities are recorded at face value. The approximate weights are 40% for face value and 60% for market value. |
| 5.4 Basis for compiling external debt statistics | Accrual Basis |
| 5.5 Inclusion of accrued interest costs that are not paid | Partially- he accrual principle is mainly used with the exception of Government debt data which are compiled on a cash basis. Accrued interest is therefore not included in the Government debt data. |
| 6.0 Data sources/Compiling Organizations | |
| 6.1 Main data source(s) for the external debt statistics | Main sources are enterprise surveys and administrative records of the Central Government and the Central Bank. |
| 6.2 Link(s) to national website where the external debt statistics are being disseminated | https://www.central-bank.org.tt/statistics/data-centre/debt-quarterly |
| 6.3 Link(s) to relevant metadata that currently exists and is consistent with your external debt statistics | http://data.imf.org/?sk=7a51304b-6426-40c0-83dd-ca473ca1fd52&sId=1454011359825 |
| 6.4 Primary agency responsible for compiling external debt statistics | Central Bank of Trinidad and Tobago and Ministry of Finance |
| 6.5 Primary agency responsibile for disseminating external debt statistics | Central Bank of Trinidad and Tobago and Ministry of Finance |
| 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 | Data are released according to publication /e-GDDS schedules. |
| 7.4 Additional comments on Periodicity and Timeliness | None |
| 8.0 Revision Policy | |
| 8.1 Data revision policy | No revision policy |
| 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 2015Q1. |
| 11.0 Table Reporting | |
| 11.1 Table 1 -Gross External Debt Position: Public and Publicly Guar. Private Sector and Private Sector Not Publicly Guar. Debt | Yes |
| 11.2 Table 2 - Debt-Service Payment Schedule: Public and Publicly-Guaranteed Private Sector External Debt as of End-Period | No |
| 11.3 Table 3 - Public and Publicly-Guaranteed Private Sector External Debt: by Creditor Sector | No |
| 11.4 Table 4 - Public Sector Debt and Publicly-Guaranteed Private Sector Debt: by Instrument Breakdown | Yes |
| 11.5 Table 5 -Public and Publicly Guar. Private Sector External Debt: Foreign Currency and Domestic Currency Denominated Debt | Yes |
| 11.6 Table 6 - Gross External Debt Position: by Sector (SDDS prescribed component) | Yes |
| 12.0 Metadata Update | |
| 12.1 Metadata last updated | 06/29/2022 |