International Reserves/Foreign Currency Liquidity
(Information to be disclosed by the
monetary authorities and other central government, excluding social security)
Country:
Colombia
Month: January
Year: 2004
Currency: US Dollars
Scale: Millions
| Index |
| I. Official reserve assets and other foreign currency assets (approximate market value) |
| II. Predetermined short-term net drains on foreign currency assets (nominal value) |
| III. Contingent short-term net drains on foreign currency assets (nominal value) |
| IV. Memo items |
| International Monetary Fund's Dissemination Standards Bulletin Board (DSBB) |
| 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 | -540 | -33 | -100 | -407 |
| (a) Collateral guarantees on debt falling due within 1 year | -540 | -33 | -100 | -407 |
| (b) Other contingent liabilities | ||||
| 2. Foreign currency securities issued with embedded options (puttable bonds) 4 | ||||
| 3. Undrawn, unconditional credit lines5 provided by: | 0 | 0 | 0 | 0 |
| (a) other national monetary authorities, BIS, IMF, and other international organizations | ||||
| —other national monetary authorities (+) | 0 | 0 | 0 | 0 |
| —BIS (+) | 0 | 0 | 0 | 0 |
| —IMF (+) | 0 | 0 | 0 | 0 |
| (b) with banks and other financial institutions headquartered in the reporting country (+) | ||||
| (c) with banks and other financial institutions headquartered outside the reporting country (+) | ||||
| Undrawn, unconditional credit lines provided to: | ||||
| (a) other national monetary authorities, BIS, IMF, and other international organizations | ||||
| —other national monetary authorities (-) | ||||
| —BIS (-) | ||||
| —IMF (-) | ||||
| (b) banks and other financial institutions headquartered in reporting country (- ) | ||||
| (c) banks and other financial institutions headquartered outside the reporting country ( - ) | ||||
| 4. Aggregate short and long positions of options in foreign currencies vis-à-vis the domestic currency 6 | ||||
| (a) Short positions | 0 | 0 | ||
| (i) Bought puts | 0 | 0 | ||
| (ii) Written calls | 0 | 0 | ||
| (b) Long positions | 0 | 0 | ||
| (i) Bought calls | 0 | 0 | ||
| (ii) Written puts | 0 | 0 | ||
| PRO MEMORIA: In-the-money options 7 | ||||
| (1) At current exchange rates a/ | 0 | 0 | ||
| (a) Short position | ||||
| (b) Long position | 0 | 0 | ||
| (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 | ||||
1. In principle, only instruments denominated and settled in foreign currency (or those whose valuation is directly dependent on the exchange rate and that are settled in foreign currency) are to be included in categories I, II, and III of the template. Financial instruments denominated in foreign currency and settled in other ways (e.g., in domestic currency or commodities) are included as memo items under Section IV.
2. Netting of positions is allowed only if they have the same maturity, are against the same counterparty, and a master netting agreement is in place. Positions on organized exchanges could also be netted.
3. Monetary authorities defined according to the IMF Balance of Payments Manual, Fifth Edition.
4. Only bonds with a residual maturity greater than one year should be reported under this item, as those with shorter maturities will already be included in Section II, above.
5. Reporters should distinguish potential inflows and potential outflows resulting from contingent lines of credit and report them separately, in the specified format.
6. In the event that there are options positions with a residual maturity greater than one year, which could be subject to margin calls, these should be reported separately under Section IV.
7. These "stress-tests" are an encouraged, rather than a prescribed, category of information in the IMF’s Special Data Dissemination Standard (SDDS). Could be disclosed in the form of a graph. As a rule, notional value should be reported. However, in the case of cash-settled options, the estimated future inflow/outflow should be disclosed. Positions are "in the money" or would be, under the assumed values.
a/ We do not have this kind of simulation because the strike price of the option is not fixed. The strike price of the option is equal to the current market price when the option is exercised.