Holdings of Irish Government Bond Return

Transcription

1 Holdings of Irish Government Bond Return Notes on Compilation and Online Reporting Guide (September 2018) Further Enquiries to

2 Section 1: - Notes on Compilation Irish Government Bonds Template Please open the IGB template in conjunction when reading the accompanying notes This return is required for End-month positons for January, February, April, May, July, August, October and November. The on-quarter months returns will contain the required information for these months. Please note this data is also shared on an aggregate basis with the Central Statistics Office. The template contains 3 tabs: - Cover Sheet is the self-validation tab, which details whether the return is valid or invalid when populated. IGB tab is where the data is reported, all 5 fields are compulsory and will be explained below Data Validation is where the item by item report for any validation errors are populated should the return status in the cover sheet tab be Invalid IGB Tab Item by Item Reporting Guidance ISIN This should be the 12 digit Irish Government bonds ISIN. Type of Holding There are two option if you are reporting your Own holdings, please select this or if reporting on behalf of a client, please report custodian. Sector of holder The available sectors of holders are detailed in the annex below. Credit institutions should report DTC and any custodian sectors they may hold for, Custodians should report on behalf of Irish Resident Pension Funds (PF), Government (GOV), Households (HHS), Non-Financial Corporations (NFC), Non Profit Institution serving Households (NPISH) or Other Financial Intermediary (OFI). Country of Holder Ireland (IE) is the expected country of holder for the purposes of this return. Position at End of Month (Nominal Value) - This must be in euro thousands. Data can be copied and pasted into the IGB tab. Please check the status on the cover sheet, if Invalid is stated, the errors are detailed in the data validation tab. Once these are resolved and the return status is Valid then the file can be saved and uploaded to online reporting. Once this file is complete, save in the name format of CXXXXX_YYYYMMDD_IGB (Central Bank institution code and reporting date) in.xlsx format only.

3 Section 2: - Online Reporting Guide To upload the Irish Government Bond Return, please log into Using the provided user name and password Once logged in click on View / Edit Data Then Irish Government Bond Return

4 Click on Load a File And load the file by clicking on browse, select the file and please load file, the below screen will then appear and leave it until you get an saying that the file has been accepted.

5 Return to Data and select Irish government Bond Return, then view/signoff returns, click on the reporting period you have uploaded with status valid Then click Finalise

6 A second person in your institution MUST sign off the return by logging in under their own account and going to Data _ Irish Government Bond Return _ View / Sign off Returns. Click on the reporting period, which now has status Finalised on it Then press sign-off Tick the box and then click on Sign-off Return, once these two steps are undertaken the return will be transferred to the Central Bank of Ireland s internal system. The reporting period can only be unlocked for revisions by the Central Bank of Ireland on request to IE_SHS@centralbank.ie

7 Annex 1: Definition of Sectors Sector DTC Deposit-Taking Corporation Definition The deposit-taking corporations, excluding the central bank, sector includes all financial corporations and quasicorporations, except those classified in the central bank and in the MMF sub-sectors, which are principally engaged in financial intermediation and whose business is to receive deposits and/or close substitutes for deposits from institutional units, hence not only from MFIs, and, for their own account, to grant loans and/or to make investments in securities. The following financial intermediaries are classified in this sector: commercial banks, universal banks, all-purpose banks; savings banks (including trustee savings banks and savings banks and loan associations); post office giro institutions, post banks, giro banks; rural credit banks, agricultural credit banks; cooperative credit banks, credit unions; specialised banks (e.g. merchant banks, issuing houses, private banks); and electronic money institutions principally engaged in financial intermediation. The following financial intermediaries are classified in this sector where it is their business to receive repayable funds from the public, whether in the form of deposits or in other forms such as the continuing issue of long-term debt securities: corporations engaged in granting mortgages municipal credit institutions. CB Central Bank The central bank sector consists of all financial corporations and quasi-corporations whose principal function is to issue currency, to maintain the internal and external value of the currency and to hold all or part of the international reserves of the country. MMF Money Market Funds The MMF sector, as collective investment schemes, consists of all financial corporations and quasi-corporations, except those classified in the central bank and in the credit institutions sub-sectors, which are principally engaged in financial intermediation. Their business is to receive issue investment fund shares or units as close substitutes for

8 deposits from institutional units, and, for their own account, to make investments primarily in money market fund shares/units, short-term debt securities, and/or deposits. The following financial intermediaries are classified in this sector: Investment funds including investment trusts, Unit trusts and other collective investment schemes whose share or units are close substitutes for deposits. GOV Government The government sector consists of institutional units which are non-market producers whose output is intended for individual and collective consumption, and are financed by compulsory payments made by units belonging to other sectors, and institutional units principally engaged in the redistribution of national income and wealth. OFI Other Financial Intermediaries The other financial intermediaries sector, excluding insurance corporations and pension funds, consists of all financial corporations and quasi-corporations which are principally engaged in financial intermediation by incurring liabilities in forms other than currency, deposits, or investment fund shares, or in relation to insurance, pension and standardised guarantee schemes from institutional units. IC Insurance Corporations The insurance corporations sector consists of all financial corporations and quasi-corporations which are principally engaged in financial intermediation as the consequence of the pooling of risks mainly in the form of direct insurance or reinsurance. Insurance corporations provide the following services: life and non-life insurance to individual units or groups of units; reinsurance to other insurance corporations. PF Pension Funds The pension funds sector consists of all financial corporations and quasi-corporations which are principally engaged in financial intermediation as the consequence of the pooling of social risks and needs of the insured persons (social insurance). Pension funds as social insurance schemes provide income in retirement, and often benefits for death and disability. This sector consists of only those social insurance pension funds that are institutional units separate from the units that create them. Such autonomous funds have autonomy

9 of decision and keep a complete set of accounts. Nonautonomous pension funds are not institutional units and remain part of the institutional unit that sets them up. These include single member and or multi-member pension funds. NFC IF FVC NPISH Non-Financial Corporations Investment Funds (excl. MMFs) Financial Vehicle Corporations Non-Profit Institutions Serving Households The non-financial corporations sector consists of institutional units which are independent legal entities, and market producers, and whose principal activity is the production of goods and non-financial services. The nonfinancial corporations sector also includes non-financial quasi-corporations. The non-mmf investment funds sector consists of all collective investment schemes, except those classified in the MMF sub-sector, which are principally engaged in financial intermediation. Their business is to receive from institutional units, issue investment fund shares or units which are not close substitutes for deposits, and, on their own account, to make investments primarily in financial assets other than short-term financial assets and in nonfinancial assets.non-mmf investment funds cover investment trusts, unit trusts and other collective investment schemes whose investment fund shares or units are not seen as close substitutes for deposits. Financial vehicle corporations (FVC) are undertakings carrying out securitisation transactions. The non-profit institutions serving households (NPISHs) sector consists of non-profit institutions which are separate legal entities, which serve households and which are private non-market producers. Their principal resources are voluntary contributions in cash or in kind from households in their capacity as consumers, from payments made by general governments and from property income. HHS Households The households sector consists of individuals or groups of individuals as consumers and as entrepreneurs producing market goods and non-financial and financial services (market producers), provided that the production of goods and services is not by separate entities treated as quasicorporations. It also includes individuals or groups of individuals as producers of goods and non-financial services for exclusively own final use.