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Macroeconomic Statistics

Securities Statistics (SS)

Deadline passed

Session No.: HQ 24.11

Location: Washington, D.C., United States

Date: September 23-27, 2024 (1 week)

Delivery Method: In-person Training

Primary Language: English

    Target Audience

    Officials in central banks and other agencies responsible for collecting and compiling securities statistics.

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    Qualifications

    Participants are expected to have a degree in economics and statistics and/or equivalent experience. Knowledge of basic financial mathematics is an advantage.

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    Course Description

    This course, presented by the Statistics Department and delivered in collaboration with the Bank for International Settlements (BIS) and the European Central Bank (ECB), familiarizes participants with the methodology recommended by the Handbook on Securities Statistics, a joint undertaking of the IMF, the BIS, and the ECB, published in May 2015. The course covers definition and features of securities, securitization, and related operation; valuation and recording of securities; classification schemes and presentation tables for securities; and security-by-security databases. A practical exercise on valuation and recording of different types of debt securities complements the lectures.

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    Course Objectives

    Upon completion of this course, participants should be able to:

    • Identify the concepts underlying securities statistics in terms of sectorization, valuation, and accounting rules.
    • Describe the framework and technical challenges involved in constructing security-by-security databases.
    • Calculate nominal and market values for different types of debt securities based on their characteristics and market fluctuations. 
    • Interpret the presentation tables for securities statistics recommended by the G-20 Data Gaps Initiative.
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