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Standards Bulletin Board Reviews of the Fund's Data Standards' Initiatives (Reviews) Special Data Dissemination Standard Site (SDDS) Introduction Metadata Data What's New Contact Us General Data Dissemination System Site (GDDS) Data Quality Reference Site (DQRS) |
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| The Data: Coverage, Periodicity, and Timeliness | ||||||||||||
| Coverage characteristics | 5.1.1 Statistical presentation Data are disseminated in millions of Euro. The official reserve assets show the following component detail: monetary gold, the reserve position in the IMF (quota and currency held by the IMF); SDRs (allocations, purchases and uses), convertible foreign currency and financial derivatives. For some components the information is also given in original units (troy ounces and SDRs). The complete template is disseminated. | |||||||||||
| Periodicity | 4.1.1 Periodicity Monthly for both official reserve assets and the complete reserves template data. | |||||||||||
| Timeliness | 4.1.2 Timeliness One week after the end of the reference month for official reserve assets, and three weeks for the complete reserves template data. | |||||||||||
| Access by the Public | ||||||||||||
| Advance dissemination of release calendar | 5.1.3 Advance release calendar An advance release calendar for the official reserves and the complete template which gives one-quarter-ahead notice of the release dates is disseminated on the Internet (http://www.bde.es/estadis/estadise.htm). | |||||||||||
| Simultaneous release to all interested parties | 5.1.4 Simultaneous release The official reserves and the complete template, are disseminated on the Banco de España's Internet website (http://www.bde.es), and send by email to the press agencies that have requested so. | |||||||||||
| Integrity | ||||||||||||
| Dissemination of terms and conditions under which official statistics are produced, including those relating to the confidentiality of individually identifiable information | 0.1.1 Responsibility for collecting, processing, and disseminating statistics Banco de España The compilation and dissemination of the data by the Banco de España are governed in part by Law 13/1994 on the Autonomy of the Banco de España. Article 7.5 f requires the Banco de España to produce and disseminate statistics in the fields under its responsibility. Furthermore, the National Statistical Plan 2009-2012, which is prepared every four years and is approved by Real Decreto (Royal Decree) and published in the “Boletín Oficial del Estado” (Official Gazette), entrusts the Banco de España with the compilation of the Balance of Payments and International Investment Position International reserves and foreign currency liquidity The collection of information on foreign transactions that is used for the compilation of balance of payments statistics is covered by the Law 19/2003, of the Ministry of Economy and Finance, on transactions with the foreign sector.1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination Banco de España The Law 13/1994 on the Autonomy of the Banco de España is available, in Spanish and English, on the Banco de España website: http://www.bde.es/normativa/normase.htm (English) The last National Statistical Plan was published in the “Boletín Oficial del Estado” (Official Gazette) of 15-11-2008 (Royal Decree 1663/2008). It is available, in Spanish, in http://www.ine.es/normativa/leyes/plan/legplan0912.htm. | |||||||||||
| Identification of internal government access to data before release | 1.2.2 Internal governmental access to statistics prior to release Banco de España Data are not available to government officials or agencies before public release. | |||||||||||
| Identification of ministerial commentary on the occasion of statistical releases | 1.2.3 Attribution of statistical products Banco de España There is no ministerial commentary accompanying the release of the data. The statistical publications of the Banco de España do not contain interpretative comments. Should there be any such commentary, this is disseminated in articles of economic interest in specific non-statistical publications of the Banco de España, e.g. the "Boletín Económico". | |||||||||||
| Provision of information about revision and advance notice of major changes in methodology | 4.3.1 Revision schedule The data are final when first released and are not subject to revision.4.3.2 Identification of preliminary and/or revised data The data are final when first released.1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques. Changes in methodology are explained, following implementation, in the opening pages of the "Boletín Estadístico" and in the annual edition of "The Spanish Balance of Payments and International Investment Position”. | |||||||||||
| Quality | ||||||||||||
| Dissemination of documentation on methodology and sources used in preparing statistics | 5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques The Banco de España publishes methodological notes, in Spanish and English, in the "Boletín Estadístico" and in the annual report on the Balance of Payments and International Investment Position. The "Boletín Estadístico" of November 1997, in Spanish, included notes for the international investment position, including one section for international reserve assets.(See also summary methodology) | |||||||||||
| Dissemination of component detail, reconciliations with related data, and statistical frameworks that support statistical cross-checks and provide assurance of reasonableness | 4.2.2 Temporal consistency Data prior to 1999 (start of Stage Three of EMU) also include foreign currency denominated claims on non Spanish euro-area residents and, therefore, are not comparable to data as from 1999 onwards. | |||||||||||
| Data Category Notes: Supplemental metadata referring to euro area-wide aggregates prepared by the ECB can be accessed by clicking (http://dsbb.imf.org/Applications/web/euronote/). It should be noted that the dissemination of these euro area pages does not imply any obligation on the part of the ECB under the SDDS, but is instead intended to enable the National Central Banks of euro area member states to complement the information on their national statistics that they already disseminate as SDDS subscribers. | ||||||||||||
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