International Reserves and Foreign Currency Liquidity

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20140531.xls
International Reserves and Foreign Currency Liquidity1
as of 31 May 2014; in millions of US dollars

I. Official reserve assets and other foreign currency assets (approximate market value)

A. Official reserve assets8,088.1
(1) Foreign currency reserves (in convertible foreign currencies)7,261.3
(a) Securities25,965.9
of which: issuer headquartered in reporting country but located abroad 
– equities481.8
– bonds and notes4,849.6
– money market instruments634.5
(b) total currency and deposits with3:1,295.4
(i) other national central banks, BIS and IMF1,292.1
(ii) banks headquartered in the reporting country 
of which: located abroad 
(iii) banks headquartered outside the reporting country3.3
of which: located in the reporting country 
(2) IMF reserve position0.1
(3) SDRs211.6
(4) gold (including gold deposits and, if appropriate, gold swapped)4234.5
– volume in millions of fine troy ounces0.187
(5) other reserve assets (specify)380.7
– financial derivatives 
– loans to nonbank nonresidents 
– other5380.7
B. Other foreign currency assets (specify)284.8
– securities not included in official reserve assets68.8
– deposits not included in official reserve assets215.5
– loans not included in official reserve assets 
– financial derivatives not included in official reserve assets0.5
– gold not included in official reserve assets 
– other 

II. Predetermined short-term net drains on foreign currency assets (nominal value)

  Total Maturity breakdown (residual maturity)
Up to 1 month More than 1 and up to 3 months More than 3 months and up to 1 year
1. Foreign currency loans, securities, and deposits -3,059.6 -776.4 -177.1 -2,106.1
– outflows (–) Principal -2,266.4 -715.3   -1,551.1
Interest -793.2 -61.1 -177.1 -554.9
– inflows (+) Principal        
Interest        
2. Aggregate short and long positions in forwards and futures in foreign currencies vis-á-vis the domestic currency (including the forward leg of currency swaps)        
(a) Short positions (–)        
(b) Long positions (+)        
3. Other (specify) -66.9   -12.6 -54.3
– outflows related to repos (–) -66.9   -12.6 -54.3
– inflows related to reverse repos (+)        
– trade credit (–)        
– trade credit (+)        
– other accounts payable (–)        
– other accounts receivable (+)        

III. Contingent short-term net drains on foreign currency assets (nominal value)

  Total Maturity breakdown (residual maturity, where applicable)
Up to 1 month More than 1 and up to 3 months More than 3 months and up to 1 year
1. Contingent liabilities in foreign currency -9.9 -0.5 -2.6 -6.8
(a) Collateral guarantees on debt falling due within 1 year -9.9 -0.5 -2.6 -6.8
(b) Other contingent liabilities        
2. Foreign currency securities issued with embedded options (puttable bonds)        
3. Undrawn, unconditional credit lines provided by:        
(a) other national monetary authorities, BIS, IMF, and other international organizations        
– other national monetary authorities (+)        
– BIS (+)        
– IMF (+)        
– other international organizations (+)        
(b) with banks and other financial institutions headquartered in the reporting country (+)        
(c) with banks and other financial institutions headquartered outside the reporting country (+)        
4. Undrawn, unconditional credit lines provided to:        
(a) other national monetary authorities, BIS, IMF, and other international organizations        
– other national monetary authorities (–)        
– BIS (–)        
– IMF (–)        
– other international organizations (–)        
(b) banks and other financial institutions headquartered in reporting country (–)        
(c) banks and other financial institutions headquartered outside the reporting country (–)        
5. Aggregate short and long positions of options in foreign currencies vis-á-vis the domestic currency        
(a) Short positions        
(i) Bought puts        
(ii) Written calls        
(b) Long positions        
(i) Bought calls        
(ii) Written puts        
PRO MEMORIA: In-the-money options
(1) At current exchange rates        
(a) Short position        
(b) Long position        
(2) +5 % (depreciation of 5 %)        
(a) Short position        
(b) Long position        
(3) –5 % (appreciation of 5 %)        
(a) Short position        
(b) Long position        
(4) +10 % (depreciation of 10 %)        
(a) Short position        
(b) Long position        
(5) –10 % (appreciation of 10 %)        
(a) Short position        
(b) Long position        
(6) Other (specify)        
(a) Short position        
(b) Long position        

IV. Memo items

(1) To be reported with standard periodicity and timeliness:
(a) short-term domestic currency debt indexed to the exchange rate 
(b) financial instruments denominated in foreign currency and settled by other means (e.g., in domestic currency) 
– derivatives (forwards, futures and options contracts) 
– short positions 
– long positions 
– other instruments 
(c) pledged assets 
– included in reserve assets 
– included in other foreign currency assets 
(d) securities lent and on repo314.7
– lent or repoed and included in Section I-66.0
– lent or repoed but not included in Section I 
– borrowed or acquired and included in Section I 
– borrowed or acquired but not included in Section I380.7
(e) financial derivative assets (net, marked to market)0.5
– forwards 
– futures 
– swaps0.5
– options 
– other 
(f) derivatives (forward, futures, or options contracts) that have a residual maturity greater than one year 
– aggregate short and long positions in forwards and futures in foreign currencies vis-á-vis the domestic currency (including the forward leg of currency swaps) 
(a) short positions (–) 
(b) long positions (+) 
– aggregate short and long positions of options in foreign currencies vis-á-vis the domestic currency 
(a) short positions 
(i) bought puts 
(ii) written calls 
(b) long positions 
(i) bought calls 
(ii) written puts 
(2) To be disclosed at the end-quarter:
(a) currency composition of reserves (by groups of currencies)68,088.1
– currencies in SDR basket7,217.7
– currencies not in SDR basket870.5
– by individual currencies (optional) 

Footnotes:

1 Foreign currency instruments are converted into the national currency and then into the reporting currency using the reference date official foreign exchange rates announced by the Bank of Lithuania on the basis of foreign markets’ exchange rates.(Back)
2 Securities are revalued once per month on the last working day using the bid and ask prices average prevailing at the secondary markets. Value of securities at the reference date includes accrued interest.(Back)
3 Since January 2005 accrued interest on deposits is included.(Back)
4 Gold holdings are revalued on the last working day of each month at market price at London Bullion Market.(Back)
5 Includes repo assets.(Back)
6 Official reserve assets; reported with standard periodicity and timeliness.(Back)

Update: June 6, 2014