Proceedings of the IFC Workshop on "Challenges to improve global comparison of securities statistics", Washington DC, March 2008

Proceedings of the IFC Workshop on "Challenges to improve global comparison of securities statistics", Washington DC, March 2008

IFC Bulletin | No 29 |

22 January 2009

| 232 pages

Opening remarks
Challenges to improve global comparison of securities statistics Jan Smets	1
Background issue paper Paul Van den Bergh	3

Session 1: Uses of securities statistics
Data requirements for monitoring financial stability in emerging market economies Hermann Remsperger and Bernd Braasch	33

Session 2: Sources of debt securities statistics
Overview of sources for compiling securities issuance statistics Erich Hille and Günther Sedlacek	41
Data sources for the compilation of the Norwegian securities statistics Ole Petter Rygvold	47
Commercial data sources Philip Papaelias	53
Monitoring of securities held by financial institutions: merging statistical and supervisory demands Vlastimil Vojacek	56

Session 3: Methodological approaches and country experiences in compiling statistics on debt issuance
Debt securities statistics: the Bank of Thailand's experience Pusadee Ganjarerndee	65
The experience of the Bank of Mexico: compiling data on domestic debt securities Samuel Alfaro	70
Challenges in compiling Polish debt securities statistics Piotr Boguszewski, Jacek Kocerka and Marcin Sienicki	85

Session 4: Specific methodological questions regarding debt securities issues
Framework for aggregate securities issues statistics in the euro area Alexander Cho and Cristina Abascal	97
Methodological questions regarding debt securities: residency of issuer, location of issue, residency of obligor Carol Bertaut	104
Aggregate debt securities statistics: classification by sector, currency, maturity and financial instrument Kerry Wood	108
Treatment of hybrid securities Kenneth Aberbach	114
Valuation of debt instruments Csaba Ilyés and László Lakatos	118

Session 5: Specific methodological questions regarding debt securities issues
How to capture securitisation and structured debt instruments Raymond FDD Chaudron	133
Taking account of short positions in international portfolio investment statistics Leon Taub	142

Session 6: Statistics on holdings of debt securities
Holdings of securities by institutional sector Celestino Girón	116
Data on bilateral external positions, an insight into globalisation Lucie Laliberté and John Motala	168

Session 7: Security-by-security databases as a tool to improve securities statistics
Mining individual securities databases for analytical purposes: the example of the BIS international debt securities statistics Denis Pêtre	177
The use of security-by-security databases for portfolio investment statistics João Cadete de Matos, Paula Casimiro and Maria do Carmo Aguiar	182
Opaqueness to transparency: the Bank of Canada's financial data strategy Greg Haymes	190
Practical examples of policy relevant uses of security-by-security data Günther Sedlacek	207

Session 8: Cooperative efforts to improve securities statistics
Cooperation to improve European and national securities statistics Stefan Brunken	215
Improving the BIS debt securities statistics Paul Van den Bergh	221

Summary of conference discussion Christian Dembiermont and Paul Van den Bergh	223

Participants in the workshop	225