International
Reserves/Foreign Currency Liquidity
(Information to be disclosed by the
monetary authorities and other central government, excluding social security) 1
2 3
Country: Colombia
Month: January
Year: 2004
Currency: US Dollars
Scale: Millions
| (1) To be reported with standard periodicity and timeliness: 4 | |
| (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) 5 a/ | 698,3 |
| —nondeliverable forwards | |
| —short positions | |
| —long positions | |
| —other instruments | 698,3 |
| (c) pledged assets 6 b/ | 131,2 |
| —included in reserve assets | 131,2 |
| —included in other foreign currency assets | |
| (d) securities lent and on repo 7 | 2,268,3 |
| —lent or repoed and included in Section I | 2,268,3 |
| —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 I | |
| (e) financial derivative assets (net, marked to market) 8 | |
| —forwards | 0,3 |
| —futures c/ | 0,0 |
| —swaps | |
| —options d/ | 0,0 |
| —other | |
| (f) derivatives (forward, futures, or options contracts) that have a residual maturity greater than one year, which are subject to margin calls. | |
| —aggregate short and long positions in forwards and futures in foreign currencies vis-à-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-à-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 less frequently: | |
| (a) currency composition of reserves (by groups of currencies) | |
| —currencies in SDR basket | |
| —currencies not in SDR basket | |
| —by individual currencies (optional) |
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. Distinguish between assets and liabilities where applicable.
5. Identify types of instrument; the valuation principles should be the same as in Sections I-III. Where applicable, the notional value of nondeliverable forward positions should be shown in the same format as for the nominal value of deliverable forward.
6. Only assets included in Section I that are pledged should be reported here.
7. Assets that are lent or repoed should be reported here, whether or not they have been included in Section I of the template, along with any associated liabilities (in Section II). However, these should be reported in two separate categories, depending on whether or not they have been included in Section I. Similarly, securities that are borrowed or acquired under repo agreements should be reported as a separate item and treated symmetrically. Market values should be reported and the accounting treatment disclosed.
8. Identify types of instrument. The main characteristics of internal models used to calculate the market value should be disclosed.
a/ The emission of the TES have the following residual maturity:
* 2004 - June: US$ 72.15 millions;
* 2004 - November: US$ 258.56 millions;
* 2006 - March: US$ 210.55 millions;
* 2009 - August: US$ 157.04 millions.
b/ Corresponds to the pledged gold.
c/ Corresponds to accrued yield in future during January. Nevertheless, -US$ 2.528.427 have not been registered as part of Official Reserve Assets.
d/ Corresponds to the outstanding stock of American-style option issued by the Colombian Central Bank (The Republic Bank).