Methodological notes on Non-financial sector and Households debt on bank loans and debt securities
The Bank of Russia calculates the non-financial sector and households debt on bank loans and debt securities on a monthly basis by economic sector, financial instrument and currency (ruble and foreign currency) and includes:
- non-financial organisations debt on bank loans and debt securities
- households and non-profit institutions serving households (NPISHs) debt on bank lending; debt on housing mortgage loans sold by credit institutions to mortgage agents (including repayment), debt on consumer loans sold by credit institutions to specialized financial companies.
Debt securities are accounted for at face value less debt securities bought out by issuers (excluding promissory notes).
The classification of sectors and instruments corresponds to the System of National Accounts, 2008 (2008 SNA) (European Commission, IMF, OECD, UN, World Bank, 2009)1.
Data for debt indicator of the non-financial sector and households comprise monetary statistics, securities statistics, credit institutions reporting form 0409711 ‘Report on securities data’, form 0409316 ‘Information on Loans Granted to Individuals’ and professional securities market participants’ reporting form 0420415 ‘Report of professional securities market participants’, form 0420525 “Statement of a Mortgage Coverage Manager” submitted by the management company of investment funds, unit investment funds and non-governmental pension funds involved in the issue of mortgage participation certificates, by the state management company to which the property constituting mortgage coverage has been transferred for trust management and federal statistical survey form No. P-6 ‘Information on financial investments and liabilities’.
Debt indicator of the non-financial sector and households on bank loans and debt securities can be updated due to changes in reporting data, the emergence of new sources of information, methodological changes.