all borrowing using the instruments defined in the table below, which are denominated in euro with a maturity of up to and including one year (defined as transactions with a maturity date of not more than 397 days after the settlement date), of the reporting agent from financial corporations (except central banks where the transaction is not for investment purposes), general government, or non-financial corporations classified as “wholesale” according to the Basel III LCR Framework;
all lending transactions denominated in euro to other credit institutions with a maturity of up to and including one year (defined as transactions with a maturity date of not more than 397 days after the settlement date) via unsecured deposits or call accounts, or via the purchase from the issuing credit institutions of commercial paper, certificates of deposit, floating rate notes and other debt securities with a maturity of up to one year.
For the purposes of paragraphs 1(a) and (b) above, intra–group transactions shall be excluded.
| Instrument type | Description |
|---|---|
| Deposits | Unsecured interest-bearing deposits (including call accounts but excluding current accounts) which are either redeemable at notice or have a maturity of not more than one year, i.e. up to 397 days after the settlement date and which are either taken (borrowing) or placed (lending) by the reporting agent. |
| Call account/Call money | Cash accounts with daily changes in the applicable interest rate, giving rise to interest payments or calculations at regular intervals, and with a notice period to withdraw money. Saving account with a notice period to withdraw money. |
| Certificate of deposit | A fixed-rate debt instrument in either a negotiable or non-negotiable form issued by an MFI entitling the holder to a specific fixed rate of interest over a defined fixed term of up to one year, i.e. up to 397 days after the settlement date, which is either interest bearing or discounted. |
| Commercial paper | An unsecured debt instrument issued by an MFI which has a maturity of not more than one year, i.e. up to 397 days after the settlement date, which is either interest-bearing or discounted. |
| Asset backed commercial paper | A debt instrument issued by an MFI which has a maturity of no more than one year, i.e. up to 397 days after the settlement date, which is either interest-bearing or discounted and is secured by some form of collateral. |
| Floating rate note | A debt instrument in which the periodic interest payments are calculated on the basis of the value, i.e. fixing of an underlying reference rate, such as the Euro Interbank Offered Rate (Euribor), on predefined dates known as fixing dates, and which has a maturity of not more than one year, i.e. up to 397 days after the settlement date. |
| Other short-term debt securities | Unsubordinated securities, other than equity, with a maturity of up to one year, i.e. up to 397 days after the settlement date, issued by reporting agents, which are instruments that are usually negotiable and traded on secondary markets or which can be offset on the market and which do not grant the holder any ownership rights over the issuing institution. This item includes: (a) securities that give the holder an 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; (b) non-negotiable instruments issued by reporting agents that subsequently become negotiable, which should be reclassified as “debt securities”. |
| Field | Description of data | Alternative reporting option (if any) and additional qualifications |
|---|---|---|
| Reported transaction status | This attribute specifies whether the transaction is a new transaction, an amendment of a previously reported transaction, a cancellation or a correction of a previously reported transaction. | |
| Novation status | This attribute specifies whether the transaction is a novation. | |
| Unique transaction identifier | The unique code that allows a transaction in the respective market segment to be identified. | Reporting of this field is required if available. |
| Proprietary transaction identification | The unique internal transaction identifier used by the reporting agent for each transaction. The proprietary transaction identification is unique for any transaction reported per money market segment and reporting agent. | |
| Related proprietary transaction identification | The unique internal transaction identifier used by the reporting agent for the initial trade that has been subsequently novated. | Reporting of this field is mandatory where applicable. |
| Counterparty proprietary transaction identification | The proprietary transaction identification assigned by the counterparty of the reporting agent to the same transaction. | Reporting of this field is required if available. |
| Counterparty identification | An identification code used to recognise the counterparty of the reporting agent for the reported transaction. | The Legal Entity Identifier (LEI) code must be used in all circumstances where the counterparty has been assigned such an identifier. The counterparty sector and counterparty location must be reported if an LEI code is not assigned. |
| Counterparty sector | The counterparty institutional sector. | Mandatory if the counterparty identification is not provided. |
| Counterparty location | The International Organisation for Standardisation (ISO) country code of the country in which the counterparty is incorporated. | Mandatory if the counterparty identification is not provided. |
| Reporting date | The start and end date and time of the period to which the transaction data in the file refers. | |
| Electronic time stamp | The time at which a transaction is concluded or booked. | |
| Trade date | The date on which the parties enter into the reported financial transaction. | |
| Settlement date | The date on which the amount of money is exchanged by counterparties or on which the purchase or sale of a debt instrument settles. | In the case of call accounts and other unsecured borrowing/lending redeemable at notice, the date on which the deposit is rolled over (i.e. on which it would have been paid back if it had been called and not rolled over). |
| Maturity date | The date on which the amount of money is due to be repaid by the borrower to the lender or on which a debt instrument matures and is due to be paid back. | |
| Instrument type | The instrument via which the borrowing/lending takes place. | |
| Transaction type | This attribute specifies whether the transaction is cash borrowing or cash lending. | |
| Transaction nominal amount | The amount of money in euro lent or borrowed on deposits. In the case of debt securities, it is the nominal amount of the security issued/purchased. | |
| Transaction deal price | The dirty price (i.e. the price which includes any accrued interest) at which the security is issued or traded in percentage points. | To be reported as 100 for unsecured deposits. |
| Rate type | To identify whether the instrument has a fixed or floating rate. | |
| Deal rate | The interest rate, expressed in accordance with the ACT/360 money market convention, at which the deposit was concluded and at which the cash amount lent is remunerated. In the case of debt instruments, this is the effective interest rate, expressed in accordance with the ACT/360 money market convention, at which the instrument was issued or purchased. | Reporting of this field is required for fixed rate instruments only. |
| Reference rate index | The International Securities Identification Number (ISIN) of the underlying reference rate on the basis of which the periodic interest payments are calculated. | Reporting of this field is required for floating rate instruments only. |
| Basis point spread | The number of basis points added to (if positive) or deducted from (if negative) the reference rate index to calculate the actual interest rate applicable for a given period at issuance of the floating rate instrument. | Reporting of this field is required for floating rate instruments only. |
| Call or put | To identify whether the instrument has a call option or a put option. | Reporting of this field is required for callable/puttable instruments only. |
| First call/put date | The first date on which the call option or the put option can be exercised. | Reporting of this field is only required for instruments with a call option or put option that can be exercised on one or more predefined dates. |
| Call/put notice period | The number of calendar days that the holder of the instrument/issuer of the instrument will give to the issuer/holder of the instrument before exercising the put/call option. | Reporting of this field is only required for all instruments/transactions with a call/put option notice period and for deposits redeemable with a pre-agreed notice period. |
Transactions undertaken with non-financial corporations should only be reported when undertaken with non-financial corporations classified as “wholesale” on the basis of the Basel III LCR Framework.’
The electronic reporting standards and the technical specifications for the data are laid down separately. They are available on the ECB's website at: www.ecb.europa.eu.