1.

Annex III is amended as follows: (a) In Part 1, Tables 1 and 2 are replaced and Tables 3a and 3b are added as follows: ‘TABLE 1 Items for which monthly flow adjustments are required (1) BALANCE SHEET ITEMS A. Domestic B. Other participating Member States C. Rest of the world D. Not allocated MFIs Non-MFIs MFIs Non-MFIs Total Banks Non-banks Credit institutions of which: credit institutions subject to RRs, ECB and NCBs General government (S.13) Other resident sectors Credit institutions of which: credit institutions subject to RRs, ECB and NCBs General government (S.13) Other resident sectors Central Government (S.1311) Other general government Total Other financial intermediaries + financial auxiliaries (S.123 + S.124) Insurance corporations and pension funds (S.125) Non-financial corporations (S.11) Households + non-profit institutions serving households (S.14 + S.15) Central government (S.1311) Other general government Total Other financial intermediaries + financial auxiliaries (S.123 + S.124) Insurance corporations and pension funds (S.125) Non-financial corporations (S.11) Households + non-profit institutions serving households (S.14 + S.15) of which: CCP (4) of which: FVCs of which: CCP (4) of which: FVCs LIABILITIES 8 Currency in circulation 1 9 Deposits 2 3 4 5 6 7 8 up to 1 year 9 over 1 year 10 of which transferable deposits 11 12 13 14 15 16 17 18 of which up to 2 years 19 20 of which syndicated loans 21 9e Euro 22 23 9.1e Overnight 24 25 26 27 28 29 30 31 32 33 34 35 of which transferable deposits 36 37 38 9.2e With agreed maturit up to 1 year 39 40 41 42 43 44 45 46 47 48 49 50 over 1 and up to 2 years 51 52 53 54 55 56 57 58 59 60 61 62 over 2 years 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 79 79 9.3e Redeemable at notice up to 3 months 80 81 82 83 84 85 86 87 88 89 90 91 over 3 months 92 93 94 95 96 97 98 99 100 101 102 103 of which over 2 years 104 105 106 107 108 109 110 111 112 9.4e Repos 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 9x Foreign currencies 9.1x Overnight 132 133 134 135 136 137 138 139 140 141 142 143 9.2x With agreed maturity up to 1 year 144 145 146 147 148 149 150 151 152 153 154 155 over 1 and up to 2 years 156 157 158 159 160 161 162 163 164 165 166 167 over 2 years 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 9.3x Redeemable at notice up to 3 months 185 186 187 188 189 190 191 192 193 194 195 196 over 3 months 197 198 199 200 201 202 203 204 205 206 207 208 of which over 2 years 209 210 211 212 213 214 215 216 217 9.4x Repos 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 10 MMFs shares/units 237 11 Debt securities issued 11e Euro up to 1 year # 238 over 1 and up to 2 years # 239 of which up to 2 years and nominal capital guarantee below 100 % # 240 over 2 years # 241 11x Foreign currencies up to 1 year # 242 over 1 and up to 2 years # 243 of which up to 2 years and nominal capital guarantee below 100 % # 244 over 2 year # 245 12 Capital and reserves # 246 13 Remaining liabilities # 247

BALANCE SHEET ITEMS A. Domestic B. Other participating Member States C. Rest of the world D. Not allocated MFIs Non-MFIs MFIs Non-MFIs General government (S.13) Other resident sectors General government (S.13) Other resident sectors Total Other financial intermediaries + financial auxiliaries (S.123 + S.124) Insurance corporations and pension funds (S.125) Non-financial corporations (S.11) Households + non-profit institutions serving households (S.14 + S.15) Total Other financial intermediaries + financial auxiliaries (S.123 + S.124) Insurance corporations and pension funds (S.125) Non-financial corporations (S.11) Households + non-profit institutions serving households (S.14 + S.15) of which: CCP (4) of which: FVCs Total Credit for consumption Lending for house purchase Other lending of which: CCP (4) of which: FVCs Total Credit for consumption Lending for house purchase Other lending of which: SP/UP (5) of which: SP/UP (5) ASSETS 1. Cash 248 1e of which euro 249 2. Loans # 250 # 251 # 252 # 253 # 254 # 255 # 256 up to 1 year # 257 # 258 # 259 # 260 # 261 # 262 # 263 # 264 # 265 # 266 # 267 # 268 # 269 # 270 # 271 over 1 year and up to 5 years # 272 # 273 # 274 # 275 # 276 # 277 # 278 # 279 # 280 # 281 # 282 # 283 # 284 # 285 # 286 over 5 years # 287 # 288 # 289 # 290 # 291 # 292 # 293 # 294 # 295 # 296 # 297 # 298 # 299 # 300 of which syndicated loans # 301 # 302 # 303 # 304 # 305 # 306 # 307 # 308 of which repos 309 310 2e of which euro # 311 # 312 # 313 # 314 # 315 # 316 # 317 # 318 # 319 # 320 # 321 # 322 — of which revolving loans and overdrafts # 323 # 324 # 325 # 326 — of which convenience credit card credit # 327 # 328 # 329 # 330 — of which extended credit card credit # 331 # 332 # 333 # 334 3. Securities other than shares # 335 # 336 # 337 3e Euro # 338 # 339 # 340 # 341 up to 1 year # 342 # 343 over 1 and up to 2 years # 344 # 345 over 2 years # 346 # 347 3x Foreign currencies # 349 # 350 # 352 # 353 up to 1 year # 354 # 355 over 1 and up to 2 years # 356 # 357 over 2 years # 358 # 359 4. MMF shares/units 360 361 362 5. Shares and other equity # 363 # 364 # 365 # 366 # 367 6. Fixed assets # 368 7. Remaining assets # 369

TABLE 2 Items for which quarterly flow adjustment are required (1) BALANCE SHEET ITEMS A. Domestic B. Other participating Member States C. Rest of the world Non-MFIs Non-MFIs Total General government (S.13) Other resident sectors General government (S.13) Other resident sectors Banks Non-banks Total Central government (S.1311) Other general government Total Other financial intermediaries + financial auxiliaries (S.123 + S.124) Insurance corporations and pension funds (S.125) Non-financial corporations (S.11) Households + non-profit institutions serving households (S.14 + S.15) Total Central government (S.1311) Other general government Total Other financial intermediaries + financial auxiliaries (S.123 + S.124) Insurance corporations and pension funds (S.125) Non-financial corporations (S.11) Households + non-profit institutions serving households (S.14 + S.15) General government Other resident sectors Total State government (S.1312) Local government (S.1313) Social security funds (S.1314) Credit for consumption Lending for house purchase Other lending Total State government (S.1312) Local government (S.1313) Social security funds (S.1314) Credit for consumption Lending for house purchase Other lending Real estate collateral Total Real estate collateral Real estate collateral Real estate collateral Real estate collateral Total Real estate collateral Real estate collateral Real estate collateral LIABILITIES 8. Currency in circulation 9. Deposits 370 371 372 9.1. Overnight 373 374 375 376 377 378 9.2. With agreed maturity 379 380 381 382 383 384 9.3. Redeemable at notice 385 386 387 388 389 390 9.4. Repos 391 392 393 394 395 396 10. MMFs shares/units 11. Debt securities issued 12. Capital and reserves 13. Remaining liabilities ASSETS 1. Cash 2. Loans 397 # 398 # 399 # 400 # 401 # 402 # 403 # 404 # 405 # 406 # 407 # 408 # 409 up to 1 year # 410 # 411 # 412 # 413 # 414 # 415 # 416 # 417 over 1 and up to 5 years # 418 # 419 # 420 # 421 # 422 # 423 # 424 # 425 over 5 years # 426 # 427 # 428 # 429 # 430 # 431 # 432 # 433 2e Euro # 434 # 435 # 436 # 437 # 438 # 439 # 440 # 441 Loans with original maturity over 1 year of which loans with remaining maturity of less than or equal to 1 year of which loans with remaining maturity over 1 year and with interest rate reset in the next 12 months Loans with original maturity over 2 years of which loans with remaining maturity of less than or equal to 2 years of which loans with remaining maturity over 2 years and with interest rate reset in the next 24 months 3. Securities other than shares # 458 # 459 # 460 # 461 # 462 up to 1 year # 463 # 464 # 465 # 466 # 467 # 468 # 469 # 470 # 471 # 472 # 473 # 474 # 475 # 476 over 1 year # 477 # 478 # 479 # 480 # 481 # 482 # 483 # 484 # 485 # 486 # 487 # 488 # 489 # 490 4. MMFs shares/units 5. Shares and other equity # 491 # 492 # 493 # 494 # 495 # 496 6. Fixed assets 7. Remaining assets

TABLE 3a Securitisations and other loan transfers: items for which monthly flow adjustments are required (2) BALANCE SHEET ITEMS A. Domestic B. Other participting Member States C. Rest of the world General government (S.13) Other resident sectors General government (S.13) Other resident sectors Total Other gen.gov't (S.1312 + S.1313 + S.1314) Total Other financial intermediaries + financial auxiliaries (S.123 + S.124) Insurance corporations and pension funds (S.125) Non-financial corporations (S.11) Households + non-profit institutions serving households (S.14 + S.15) Total Other general government (S.1312 + S.1313 + S.1314) Total Other financial intermediaries + financial auxiliaries (S.123 + S.124) Insurance corporations and pension funds (S.125) Non-financial corporations (S.11) Households + non-profit institutions serving households (S.14 + S.15) 1. Outstanding amounts of securitised loans not derecognised 1.1. Total 497 498 499 500 501 502 503 504 505 506 507 508 509 1.1.1. of which securitised through a euro area FVC 510 511 512 513 514 515 516 517 518 519 520 521 522

TABLE 3b Securitisations and other loan transfers: items for which quarterly flow adjustments are required (3) BALANCE SHEET ITEMS A. Domestic B. Other participting Member States C. Rest of the world General government (S.13) Other resident sectors General government (S.13) Other resident sectors Total Other general government (S.1312 + S.1313 + S.1314) Total Other financial intermediaries + financial auxiliaries (S.123 + S.124) Insurance corporations and pension funds (S.125) Non-financial corporations (S.11) Households + non-profit institutions serving households (S.14 + S.15) Total Other general government (S.1312 + S.1313 + S.1314) Total Other financial intermediaries + financial auxiliaries (S.123 + S.124) Insurance corporations and pension funds (S.125) Non-financial corporations (S.11) Households + non-profit institutions serving households (S.14 + S.15) Credit for consumption Lending for house purchase Other lending Credit for consumption Lending for house purchase Other lending SP/UP (6) SP/UP (6) 1. Securitised loans, write-downs practiced at the time of the loan transfer 1.1. counterparty in the transfer is an FVC 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 540 541 542 543 up to 1 year 544 545 over 1 and up to 5 years 546 547 over 5 years 548 549 1.1.1. of which counterparty in the 550 551 552 553 554 555 556 557 558 559 560 561 562 transfer is a euro area FVC 562 563 up to 1 year 564 565 over 1 and up to 5 years 566 567 over 5 years 2. Outstanding amounts of loans serviced in a securitisation 2.1. Loans serviced: all FVCs 568 569 560 561 572 573 575 576 577 579 580 581 582 583 584 586 587 588 589 up to 1 year 590 591 over 1 and up to 5 years 592 593 over 5 years 594 595 2.1.1. Loans serviced: of which euro area FVCs 596 597 598 599 600 601 602 603 604 605 606 607 up to 1 year 608 609 over 1 and up to 5 years 610 611 over 5 years 612 613 (b) Section 3 of Part 4 is replaced by the following: ‘ Section 3: Quarterly memorandum items to compile monetary union financial accounts NCBs/ECB/other MFIs’ data (stocks) Domestic Other participating Member States Rest of the world Not allocated Total Central government Total Central government LIABILITIES 14. Remaining liabilities Net equity of households in pension funds reserves M70 Revaluation accounts M90 Liability to non-resident branches/offices M91 Liability adjustment accounts M92 Debit balance on income/expenditure accounts; current/previous years’ profits/losses; securities lending business; short positions in securities; depreciation M93 Provisions M94 ASSETS 3. Securities other than shares Up to 1 year M71 M72 M73 Of which: euro M74 M75 M76 Over 1 year M77 M78 M79 Of which: euro M80 M81 M82 5. Shares and other equity Quoted shares M83 M84 M85 Investment fund (not MMF) shares M86 M87 M88 7. Remaining assets Prepayment of insurance premiums and reserves for outstanding claims M89 Revaluation accounts M95 Claims/capital injections into non-resident branches/offices M96 Asset adjustment accounts M97 Credit balance on income/expenditure accounts; current/previous years’ profits/losses; own shares; securities lending business M98 M70: liabilities of MFIs with households in the form of technical provisions established to provide pensions for employees. This typically refers to employee pension funds that have not been externalised to an independent institution. M83, M84, M85: shares with prices quoted on a recognised stock exchange or other form of secondary market. M86, M87, M88: shares issued in the context of an organised financial arrangement that pools investor funds for the purpose of acquiring financial or non-financial assets, excluding those included in the MFI sector (also called mutual fund shares). M89: the part of gross premiums paid by MFIs which is to be allocated to the following accounting period plus claims by MFIs that are not yet settled. M93, M98: Additional information should be reported to the ECB clarifying the content of these composite items, if available. These composite items include some sub-items which are not currently reported by some countries in accordance with Regulation (EC) No 2423/2001 (ECB/2001/13) (securities lending business, short positions in securities, own shares) but within remaining assets/remaining liabilities. This additional information allows the ECB to correct monetary union financial accounts data as necessary.’ (c) The following text is added at the end of Part 5: Lump-sum allowance: The allowance is applied to every credit institution. Each credit institution may deduct a maximum lump sum designed to reduce the administrative cost of managing very small reserve requirements. Should [reserve base × reserve ratio] be less than EUR 100 000, then the lump sum allowance equals [reserve base × reserve ratio]. Should [reserve base × reserve ratio] be greater than or equal to EUR 100 000, then the lump sum allowance equals EUR 100 000. Institutions allowed to report statistical data regarding their consolidated reserve base as a group (as defined in Annex III, Part 2, Section 1 of Regulation (EC) No 25/2009 (ECB/2008/32)) hold minimum reserves through one of the institutions in the group which is acting as intermediary exclusively for these institutions. In accordance with Article 11 of Regulation (EC) No 1745/2003 of the European Central Bank on the application of minimum reserves (ECB/2003/9) (7), in the latter case only the group as a whole is entitled to deduct the lump sum allowance. The minimum (or “required”) reserves are computed as follows: Minimum (or “required”) reserves = reserve base × reserve ratio – lump sum allowance The reserve ratio applies as follows: A reserve ratio of 2 % applies to the following liability categories (as defined in Regulation (EC) No 25/2009 (ECB/2008/32)): (a) overnight deposits; (b) deposits with agreed maturity of up and including two years; (c) deposits redeemable at notice of up and including two years; and (d) debt securities issued with an agreed maturity of up and including two years. A reserve ratio of 0 % applies to repos and other liabilities with an agreed maturity of over two years included in the reserve base. Liabilities vis-à-vis the ECB, the NCBs and other institutions subject to the Eurosystem’s minimum reserve system are excluded from the reserve base. (d) Part 7 is replaced by the following: TABLE 1 MMFs — Stocks Quarterly serie BALANCE SHEET ITEMS A. Domestic B. Other participating Member States C. Rest of the world D. Not allocated MFIs Non-MFIs MFIs Non-MFIs General government Other residents General government Other residents Total Banks Non-banks Central government Other general government Total OFIs (S.123) and financial auxiliaries (S.124) Insurance corp. and pension funds (S.125) Non-financial corp. (S.11) Households etc. (S.14 + S.15) Central government Other general government Total OFIs (S.123) and financial auxiliaries (S.124) Insurance corp. and pension funds (S.125) Non-financial corp. (S.11) Households etc. (S.14 + S.15) General government Other non-resident sectors LIABILITIES Deposits MMFs shares/units Capital & reserves Remaining liabilities ASSETS Loans Sec. other than shares Total currencies up to 1 year over 1 year Euro up to 1 year over 1 & up to 2 years over 2 years Foreign currencies up to 1 year over 1 & up to 2 years over 2 years MMF shares/units Shares and other equity Remaining assets (Monthly and quarterly) requirements addressed to MFIs by Regulation (EC) No 25/2009 (ECB/2008/32). (Quarterly) requirements addressed to IFs by Regulation (EC) No 958/2007 (ECB/2007/8), to be reported for MMFs as memo items if available at the NCBs.

MMFs — Reclassifications Quarterly series BALANCE SHEET ITEMS A. Domestic B. Other participating Member States C. Rest of the world D. Not allocated MFIs Non-MFIs MFIs Non-MFIs General government Other residents General government Other residents Total Banks Non-banks Central government Other general government Total OFIs (S.123) and financial auxiliaries (S.124) Insurance corp. and pension funds (S.125) Non-financial corp. (S.11) Households etc. (S.14 + S.15) Central government Other general government Total OFIs (S.123) and financial auxiliaries (S.124) Insurance corp. and pension funds (S.125) Non-financial corp. (S.11) Households etc. (S.14 + S.15) General government Other non-resident sectors LIABILITIES Deposits MMFs shares/units Capital & reserves Remaining liabilities ASSETS Loans Sec. other than shares Total currencies up to 1 year over 1 year Euro up to 1 year over 1 & up to 2 years over 2 years Foreign currencies up to 1 year over 1 & up to 2 years over 2 years MMF shares/units Shares and other equity Remaining assets (Monthly and quarterly) requirements addressed to MFIs by Regulation (EC) No 25/2009 (ECB/2008/32). (Quarterly) requirements addressed to IFs by Regulation (EC) No 958/2007 (ECB/2007/8), to be reported for MMFs as memo items if available at NCBs.

MMFs — Revaluations Quarterly series BALANCE SHEET ITEMS A. Domestic B. Other participating Member States C. Rest of the world D. Not allocated MFIs Non-MFIs MFIs Non-MFIs General government Other residents General government Other residents Total Banks Non-banks Central government Other general government Total OFIs (S.123) and financial auxiliaries (S.124) Insurance corp. and pension funds (S.125) Non-financial corp. (S.11) Households etc. (S.14 + S.15) Central government Other general government Total OFIs (S.123) and financial auxiliaries (S.124) Insurance corp. and pension funds (S.125) Non-financial corp. (S.11) Households etc. (S.14 + S.15) General gov't Other non-resident sectors LIABILITIES Deposits MMFs shares/units Capital & reserves Remaining liabilities ASSETS Loans Sec. other than shares Total currencies up to 1 year over 1 year Euro up to 1 year over 1 & up to 2 years over 2 years Foreign currencies up to 1 year over 1 & up to 2 years over 2 years MMF shares/units Shares and other equity Remaining assets (Monthly and quarterly) requirements addressed to MFIs by Regulation (EC) No 25/2009 (ECB/2008/32). Under Article 8(2) of Regulation (EC) No 25/2009 (ECB/2008/32), NCBs may grant a derogation in respect of the reporting of revaluation adjustments to MMFs. Nevertheless, if the amounts involved are significant, NCBs are requested to provide information on a best effort basis. TABLE 2 MMFs — Stocks Quarterly series BALANCE SHEET ITEMS All currencies Euro Other currencies GBP USD JPY CHF LIABILITIES Deposits Rest of the world (excluding EU) from banks ASSETS Loans Rest of the world Securities other than shares Domestic issued by MFIs issued by non-MFIs Other participating Member States issued by MFIs issued by non-MFIs Rest of the world (Quarterly) requirements addressed to MFIs by Regulation (EC) No 25/2009 (ECB/2008/32).’ (e) Part 10 is deleted. (f) Part 11 is replaced by the following: ‘PART 11 Other financial intermediaries’ statistics (except investment funds and financial vehicle corporations) Section 1: Reporting tables Data to be reported for SDDs (security and derivative dealers), FCLs (financial corporations engaged in lending) and remaining OFIs (other financial intermediaries) are set out in the table below. Data on SDDs, FCLs and remaining OFIs. Key indicators/memorandum items Item name and maturity/geographical/sectoral breakdown SDDs FCLs Remaining OFIs ASSETS Deposits/world/total Key Loans/world/total Key Loans/world/MFIs Key Loans/world/non-MFIs/total Key Loans/world/non-MFIs/non-financial corporations Key Loans/world/non-MFIs/households/total Key Loans/world/non-MFIs/households/consumer credit Key Loans/world/non-MFIs/households/lending for house purchase Key Loans/world/non-MFIs/households/other purposes (residual) Key Loans/domestic/total Key Loans/domestic/MFIs Key Loans/domestic/non-MFIs/total Key Loans/domestic/non-MFIs/non-financial corporations Key Loans/domestic/non-MFIs/households/total Key Loans/domestic/non-MFIs/households/consumer credit Key Loans/domestic/non-MFIs/households/lending for house purchase Key Loans/domestic/non-MFIs/households/other purposes (residual) Key Loans/other participating Member States/total Key Loans/other participating Member States/MFIs Key Loans/other participating Member States/non-MFIs/total Key Loans/other participating Member States/non-MFIs/non-financial corporations Key Loans/other participating Member States/non-MFIs/households/total Key Loans/other participating Member States/non-MFIs/households/consumer credit Key Loans/other participating Member States/non-MFIs/households/lending for house purchase Key Loans/other participating Member States/non-MFIs/households/other purposes (residual) Key Securities other than shares/world/total Key Key Shares and other equity excluding investment fund shares/world/total Key Key Investment fund shares/world/total Key Financial derivatives/world/total Key Other assets including “loans”/world/total Key Other assets including “deposits”, “cash”, “investment fund shares”, “fixed assets” and “financial derivatives”/world/total Key Total assets/liabilities/world/total Key Key Memo LIABILITIES Deposits and loans taken/world/total Key Key Debt securities issued/world/total Key Key Capital and reserves/world/total Key Key Financial derivatives/world/total Key Other liabilities/world/total Key Other liabilities including “financial derivatives”/world/total Key Section 2: Instrument categories and valuation rules In line with the European System of National and Regional Accounts in the Community (ESA 95), in principle assets and liabilities must be valued using current market prices on the date to which the balance sheet relates. Deposits and loans must be reported at face value, excluding accrued interests. Assets Total assets/liabilities: total assets must equal the sum of all items separately identified on the assets side of the balance sheet and should also equal total liabilities. 1. Deposits: this item (8) consists of two main sub-categories: transferable deposits and other deposits. Holdings of currency must also be included under this item. In the case of FCLs, this item should be allocated under “Other assets”. 2. Loans: this item consists of: — loans granted to households in the form of consumer credit i.e. loans granted for the purpose of personal use in the consumption of goods and services; lending for house purchases i.e. credit extended for the purpose of investing in housing, including building and home improvements; and other i.e. loans granted for purposes such as business, debt consolidation, education, etc., — financial leases granted to third parties, — bad debt loans that have not yet been repaid or written off, — holdings of non-negotiable securities, — subordinated debt in the form of loans. For the sub-category SDDs, loans must be allocated under “Other assets”. Valuation rules: loans made by OFIs must be recorded gross of all related provisions, both general and specific, until the loans are written off by the reporting institution, at which point the loans must be removed from the balance sheet. In accordance with the general principle of accruals accounting, interest earned on loans must be subject to on-balance-sheet recording as it accrues i.e. on an accruals basis, rather than when it is actually received or paid i.e. on a cash basis. Accrued interest on loans must be classified on a gross basis under the category “Other assets”. 3. Securities other than shares: this item includes holdings of securities which give the holder the unconditional right to a fixed or contractually determined income in the form of coupon payments and/or a stated fixed sum at a specific date or dates or starting from a date defined at the time of issue. It also includes negotiable loans that have been restructured into a large number of identical documents and that are traded on organised markets. Valuation rules: in line with the ESA 95, securities other than shares must be reported at market value. 4. Shares and other equity excluding investment fund shares: this category comprises three main sub-categories: — quoted shares, excluding investment fund shares: shares with prices quoted on a recognised stock exchange or other form of secondary market (ESA 95, paragraphs 5.88-5.93), — unquoted shares, excluding investment fund shares: shares that are not quoted (ESA 95, paragraphs 5.88-5.93), — other equity: all transactions in other equity that are not covered by quoted and unquoted shares (ESA 95, paragraphs 5.94-5.95). Valuation rules: in line with the ESA 95, shares and other equities must be reported at market value. 5. Investment fund shares/units: investment fund shares/units must be considered exclusively MFI liabilities, i.e. only MMFs and investment funds classified as OFIs. For the sub-category FCLs, investment fund shares/units must be allocated under “Other assets”. Valuation rules: in line with the ESA 95, investment fund shares/units must be reported at market value. 6. Financial derivatives: under this item, the following financial derivatives must be reported: (i) options, tradable and OTC; (ii) warrants; (iii) futures, but only if they have a market value because they are tradable or can be offset; (iv) swaps, but only if they have a market value because they are tradable or can be offset. In the case of FCLs, this item should be allocated under “Other assets”. Derivatives must be recorded on the balance sheet on a gross basis. Individual derivative contracts with gross positive market values must be recorded on the asset side of the balance sheet and contracts with gross negative market values on the liability side. Gross future commitments arising from derivative contracts must not be entered as on-balance-sheet items. Financial derivatives may be recorded on a net basis according to different valuation methods. Where only net positions are available, or positions are recorded other than at market value, these positions must be reported as default. 7. Other assets: all amounts that cannot be allocated in one of the main balance sheet items (BSI) must be allocated in “Other assets”. This item comprises assets such as accrued interest receivable on loans and accrued rent on buildings, dividends to be received, amounts receivable not related to the main OFI business, gross amounts receivable in respect of suspense items, gross amounts receivable in respect of transit items, other assets not separately identified, e.g. fixed assets, loans and deposits depending on the sub-category of OFI. Liabilities Total assets/liabilities: total liabilities must equal the sum of all items separately identified on the liability side of the balance sheet and also equal total assets (see also asset item “Total assets/liabilities”). 1. Deposits and loans taken: this item consists of: — deposits: transferable deposits and other deposits (see assets) placed with OFIs. These deposits are generally placed by MFIs, — loans: loans granted to the reporting OFIs which are not evidenced by documents or are represented by a single document even if it has become negotiable. 2. Debt securities issued: in some countries, OFIs may issue negotiable instruments with characteristics that are similar to those of debt securities issued by MFIs. In this reporting scheme, all such instruments must be classified as debt securities. 3. Capital and reserves: this item comprises the amounts arising from the issue of equity capital by reporting OFIs to shareholders or other proprietors, representing for the holder property rights in the OFI and generally an entitlement to a share in its profits and a share in its own funds in the event of liquidation. Funds arising from undistributed benefits or funds set aside by reporting OFIs in anticipation of likely future payments and obligations are also included. Capital and reserves comprise the following elements: — equity capital, — undistributed benefits or funds, — specific provisions against loans, securities and other types of assets, — operating profit/loss. 4. Financial derivatives: see asset item “Financial derivatives”. 5. Other liabilities: all amounts that cannot be allocated in one of these main items of the liability side must be allocated in “Other liabilities”. This item comprises liabilities such as gross amounts payable in respect of suspense items, gross amounts payable in respect of transit items, accrued interest payable on deposits, dividends to be paid, amounts payable not related to the main OFI business, provisions representing liabilities against third parties, margin payments made under derivative contracts representing cash collateral placed to protect against credit risk but remaining in the ownership of the depositor and being repayable to the depositor when the contract is closed out, net positions arising from securities lending without cash collateral, net amounts payable in respect of future settlements of transactions in securities, other liabilities not separately identified, e.g. debt securities, financial derivatives depending on the sub-category of OFI. Section 3: National explanatory notes 1. Data sources/data collection system: this must include: — data sources used to compile OFI statistics, except insurance corporations and pension funds, e.g. statistical offices, direct reporting from OFIs and/or fund managers, — details on the collection systems, e.g. voluntary reports, business surveys, sampling, reporting subject to the existence of thresholds and grossing up. 2. Compilation procedures: the method used to compile data must be described, e.g. detailed description of esti mates/assumptions made and how series are aggregated if two series have different frequencies. 3. Legal framework: comprehensive information on the institutions’ national legal framework must be provided. Links with Community legislation must be specifically outlined. If several types of institutions are included under the same category, information must be provided for all types of institutions. 4. Deviations from the ECB’s reporting instructions: NCBs must provide information on deviations from the reporting instructions. Deviations from the reporting instructions may occur with respect to: — instrument breakdown: the instrument coverage may differ from the ECB’s reporting instructions, e.g. two different instruments cannot be separately identified, — geographical breakdown, — sectoral breakdown, — valuation methods. 5. Reporting population: The NCBs may classify in a specific OFI sub-category all institutions complying with the OFI definition. They must describe all institutions included in or excluded from each OFI sub-category. Where possible, NCBs must provide estimates of data coverage in terms of total assets of the reporting population. 6. Breaks in historical series: breaks and major changes over time in the collection, reporting coverage, reporting schemes and compilation of the historical series must be described. In the case of breaks, the extent to which old and new data may be considered comparable must be indicated. 7. Other comments: any other relevant comments or indications. (g) Section 1 of Part 12 of Annex III is replaced by the following: ‘ Section 1: Introduction Securities issues statistics for the euro area provide two main aggregates: — all issues by euro area residents in any currency, and — all issues made worldwide in euro, both domestic and international. A principal distinction must be drawn on the basis of the residency of the issuer whereby the Eurosystem NCBs collectively cover all issues by the residents of the euro area. The Bank for International Settlements (BIS) reports issues by the “rest of the world” (RoW), referring to all non-euro area residents (including international organisations). The chart below summarises the reporting requirements. Securities issues By euro area residents (each NCB reporting on its domestic residents) By RoW residents (BIS/NCB) Non-participating Member States Other countries In euro/national denominations Block A Block B In other currencies (9) Block C Block D not required (h) Sub-sections 4 and 5 of Section 2 of Part 12 of Annex III are replaced by the following: ‘4. Classification of issues Issues are analysed under two broad groupings: (1) debt securities i.e. securities other than shares excluding financial derivatives (10); and (2) quoted shares excluding investment fund shares/units (11). Private placements are covered as far as possible. Money market paper is included as part of debt securities. Unquoted shares and other equity may be reported on a voluntary basis as two separate memo items. The following instruments contained in the BIS database are classified as debt securities in the securities issue statistics: — certificates of deposit, — commercial paper, — treasury bills, — bonds, — euro commercial paper (ECP), — medium-term notes, — other short-term paper. Non-exhaustive coverage of instruments in the securities issue statistics: (a) Debt securities (i) Short-term debt securities The following instruments are included as a minimum: — treasury bills and other short-term paper issued by general government, — negotiable short-term paper issued by financial and by non-financial corporations. A variety of terms are used for such paper including: commercial paper, commercial bills, promissory notes, bills of trade, bills of exchange and certificates of deposit, — short-term securities issued under long-term underwritten note issuance facilities, — bankers’ acceptances. (ii) Long-term debt securities The following instruments are illustrative and included as a minimum: — bearer bonds, — subordinated bonds, — bonds with optional maturity dates, the latest of which is more than one year away, — undated or perpetual bonds, — variable rate notes, — convertible bonds, — covered bonds, — index-linked securities where the value of the principal is linked to a price index, the price of a commodity or to an exchange rate index, — deep-discounted bonds, — zero coupon bonds, — euro bonds, — global bonds, — privately issued bonds, — securities resulting from the conversion of loans, — loans that have become negotiable de facto, — debentures and loan stock convertible into shares, whether shares of the issuing corporation or shares of another company, so long as they have not been converted. Where separable from the underlying bond, the conversion option, considered to be a financial derivative, is excluded, — shares or stocks that pay a fixed income but do not provide for participation in the distribution of the residual value of the corporation on dissolution, including non-participating preference shares, — financial assets issued as part of the securitisation of loans, mortgages, credit card debt, accounts receivable and other assets. The following instruments are excluded: — transactions in securities as part of repurchase agreements, — issues of non-negotiable securities, — non-negotiable loans. Long-term debt securities issues are divided into: — fixed rate issues, i.e. bonds whose nominal coupon payment does not change during the life of the issue, — variable rate issues, i.e. bonds where the coupon rate or underlying principal are linked to an interest rate or some other index resulting in a variable nominal coupon payment over the life of the issue, — zero coupon issues, i.e. instruments that do not pay any periodic coupon payments. Usually such bonds are issued at discount and redeemed at par. Most of the discount represents the equivalent of the interest accrued during the life of the bond. (b) Quoted shares Quoted shares include: — capital shares issued by limited liability companies, — redeemed shares in limited liability companies, — dividend shares issued by limited liability companies, — preferred or preference stocks or shares which provide for participation in the distribution of the residual value on dissolution of a corporation. These may be quoted or unquoted on a recognised exchange, — private placements where possible. If a company is privatised and the government keeps part of the shares but the other part is quoted on a regulated market, the whole value of the company’s capital is recorded within the outstanding amounts of quoted shares, since all shares could potentially be traded at any time at market value. The same applies if part of the shares is sold to large investors and only the remaining part, i.e. free float, is traded on the stock exchange. Quoted shares exclude: — shares offered for sale but not taken up on issue, — debentures and loan stock convertible into shares. These are included once they are converted into shares, — the equity of partners with unlimited liability in incorporated partnerships, — government investments in the capital of international organisations which are legally constituted as corporations with share capital, — issues of bonus shares at the time of issue only and split share issues. Bonus shares and split shares are however included indistinguishably in the total stock of quoted shares. 5. Currency of issue Dual currency bonds, where the bond is redeemed or the coupon paid in a different currency from the denomination of the bond, must be classified according to the denomination of the bond. If a global bond is issued in more than one currency, each portion must be reported as a separate issue, according to its currency of issue. Where issues are denominated in two currencies, for example 70 % in euro and 30 % in US dollars, the relevant components of the issue must be reported separately where possible according to the currency denomination. Hence 70 % of the issue must be reported as issues in euro/national denominations (12) and 30 % as issues in other currencies. Where it is not possible to separately identify the currency components of an issue, the actual breakdown made by the reporting country must be indicated in the national explanatory notes. Quoted shares must be assumed to be issued in the currency of the corporation’s country of residence; issues of shares in other currencies are negligible or non-existent. Hence, the data on quoted shares refer to all issues by euro area residents. (i) The following Part 12a is inserted: ‘PART 12a Additional monthly MFI interest rate statistics (to be transmitted to the ECB by close of business on the 19th working day after the end of the reference month) TABLE 1 (13) Sector Type of instrument Initial period of interest rate fixation New business indicator Reporting obligation Loans (in EUR) To non-financial corporations Loans up to an amount of EUR 1 million Floating rate and up to 1 year period of initial rate fixation 24 AAR/NDER, amount Over 1 and up to 5 years period of initial rate fixation 25 AAR/NDER, amount Over 5 years period of initial rate fixation 26 AAR/NDER, amount Loans over an amount of EUR 1 million Floating rate and up to 1 year period of initial rate fixation 27 AAR/NDER, amount Over 1 and up to 5 years period of initial rate fixation 28 AAR/NDER, amount Over 5 years period of initial rate fixation 29 AAR/NDER, amount

TABLE 2 (14) Sector Type of instrument New business indicator Reporting obligation Loans (in EUR) To households Revolving loans and overdrafts, convenience and extended credit card debt 86 AAR/NDER, amount To non-financial corporations Revolving loans and overdrafts, convenience and extended credit card debt 87 AAR/NDER, amount (j) Sections 1 and 2 of Part 13 are replaced by the following: ‘ Section 1: Settlement media Settlement media are assets or claims on assets which are used for payments. TABLE 1 Settlement media used by non-MFIs (15) (EUR million) Items I. NCB liabilities Deposits held at NCB II. Other MFI liabilities Deposits held at other MFIs I.a. Overnight deposits — euro of domestic central government of domestic central government of other euro area Member States central governments of euro area central governments of rest of the world, except banks of rest of the world, except banks I.b. Overnight deposits — Other currencies of domestic central government of domestic central government of other euro area Member States central governments of euro area central governments of rest of the world, except banks of rest of the world, except banks I.c. Transferable deposits (16) — All currencies of domestic general government of domestic general government of domestic other resident sectors of domestic other resident sectors of other euro area Member States general governments of other euro area Member States general governments of other euro area Member States other resident sectors of other euro area Member States other resident sectors of rest of the world, except banks of rest of the world, except banks TABLE 2 Settlement media used by credit institutions (EUR million) Items Overnight deposits in euro held at other credit institutions (end of period) Transferable overnight deposits in euro held at other credit institutions (end of period) Memorandum item: Intraday borrowing in euro from the central bank (average for last reserve maintenance period) (17) Section 2: Institutions offering payment services Institutions offering payment services are legally independent institutions operating in the reporting country, and are: — the central bank, — credit institutions legally incorporated in the reporting country (includes “Electronic money institutions”), — branches of euro area-based credit institutions, — branches of EEA-based credit institutions outside the euro area, — branches of non-EEA-based banks, — other institutions offering payment services to non-MFIs. TABLE 3 Institutions offering payment services to non-MFIs (15) Items Central bank Number of offices Number of overnight deposits held by non-MFIs (18) (thousands) Number of transferable overnight deposits (19) Credit institutions irrespective of their legal incorporation Number of overnight deposits held by non-MFI (18) (thousands) of which: Internet/PC-linked (18) (thousands) Number of transferable overnight deposits held by non-MFI (18), (19) (thousands) of which: Internet/PC-linked (18), (19) (thousands) — Credit institutions legally incorporated in the reporting country Number of institutions (20) Number of offices Value of overnight deposits held by non-MFI (euro million) Value of transferable overnight deposits (21) — Branches of euro area-based credit institutions Number of institutions (20) Number of offices Value of overnight deposits held by non-MFI (euro million) Value of transferable overnight deposits (21) — Branches of EEA-based credit institutions outside the euro area Number of institutions (20) Number of offices Value of overnight deposits held by non-MFI (euro million) Value of transferable overnight deposits (21) — Branches of non-EEA-based banks Number of institutions (20) Number of offices Value of overnight deposits held by non-MFI (euro million) Value of transferable overnight deposits (21) Other institutions offering payment services to non-MFIs Number of institutions (20) Number of offices Number of overnight deposits held by non-MFIs (18) (thousands) Value of overnight deposits held by non-MFI (euro million) Value of transferable overnight deposits (21) Memorandum items Electronic money institutions Number of institutions (20) Outstanding value of e-money issued by electronic money institutions and held by entities other than the issuer, including credit institutions other than the issuer (euro million) — Number of offices includes the head office of the institution if it offers payment services with cashless clearing and settlement. Mobile offices are not included. Each place of business set up in the same reporting country is counted separately, — Internet/PC-linked deposits: deposits which can be accessed and used electronically via the Internet or PC banking using dedicated software and telephone lines. Deposits with telephone or mobile phone banking access are not included, unless they are also accessible via Internet or PC banking applications. (k) The introductory part of Section 5 of Part 13 is replaced by the following: ‘Interbank funds transfer systems (IFTSs) are included, whether managed by a central bank or a private operator. Figures are provided on a system-by-system basis. Only systems handling a significant volume of business are listed. Mostly these are the systems mentioned in the textual part of the Blue Book. Systems are included if they were operational during any of the previous five reference years. IFTSs are divided into TARGET2/TARGET components and non-TARGET payment systems: — a TARGET2/TARGET component is a national real-time gross settlement (RTGS) system which is a part of TARGET2/TARGET as identified in Guideline ECB/2007/2 of 26 April 2007 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET2) (22) or in Guideline ECB/2005/16 of 30 December 2005 on a Trans-European Automated Real-time Gross settlement Express Transfer system (TARGET) (23), the ECB payment mechanism (EPM) or the RTGS system of a Member State that had not yet adopted the euro but was connected directly to TARGET and signed a TARGET Agreement, — a non-TARGET payment system is an IFTS which is not a component part of TARGET2/TARGET. (l) Table 7 of Part 13 is replaced by the following: ‘TABLE 7 Participation in selected interbank funds transfer systems (24) Items TARGET component Non-TARGET payment system [refer to list of payment systems] LVPS [reported separately for each LVPS 1, 2, 3, 4] Retail system [reported separately for each retail payment system 1, 2, 3, 4, 5, 6] Number of participants (a) Direct participants of which: Credit institutions Central bank Other direct participants of which: — Public administration — Postal institution — Clearing and settlement organisations — Other financial institutions — Others (b) Indirect participants Number of participants (a) Direct participants of which: Credit institutions Central bank Other direct participants of which: — Public administration — Postal institution — Clearing and settlement organisations — Other financial institutions — Others (b) Indirect participants Number of participants (a) Direct participants of which: Credit institutions Central bank Other direct participants of which: — Public administration — Postal institution — Clearing and settlement organisations — Other financial institutions — Others (b) Indirect participants (m) The ‘List of payment systems in Tables 7, 8 and 9’ at the end of Part 13 is deleted. (n) The following Part 16 is inserted: ‘PART 16 Loans to non-financial corporations by branch of activity NCBs either report data for individual sections in accordance with Template I or, if data is not available for individual sections, in accordance with Template II. NCBs report amounts outstanding in respect of loans to domestic non-financial corporations (NFCs) and loans to other participating Member States’ non-financial corporations (where available) separately. All data is reported in EUR million. Template I Template II 1 A. Agriculture, forestry and fishing 1 A. Agriculture, forestry and fishing 2 B. Mining and quarrying 2 B. Mining and quarrying 3 C. Manufacturing 3 C. Manufacturing 4 D. Electricity, gas, steam and air conditioning supply 4 D. Electricity, gas, steam and air conditioning supply + E. Water supply, sewerage, waste management and remediation activities 5 E. Water supply, sewerage, waste management and remediation activities 6 F. Construction 5 F. Construction 7 G. Wholesale and retail trade. Repair of motor vehicles and motorcycles 6 G. Wholesale and retail trade. Repair of motor vehicles and motorcycles 8 I. Accommodation and food service activities 7 I. Accommodation and food service activities 9 H. Transportation and storage 8 H. Transportation and storage + J. Information and communication 10 J. Information and communication 11 L. Real estate activities 9 L. Real estate activities + M. Professional, scientific and technical activities N. Administrative and support service activities 12 M. Professional, scientific and technical activities 13 N. Administrative and support service activities 14 All remaining sections relevant for the NFCs 10 All remaining sections relevant for the NFCs Note: Letters refer to the corresponding NACE Rev.2 classification.’