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Dissemination Standards Bulletin Board
Special Data Dissemination Standard
(AS PROVIDED TO THE IMF BY THE RESPECTIVE COUNTRY)
 
Flag of Mexico Mexico
Analytical accounts of the central bank
(Estado de Cuenta del Banco de México )
Last Posted: Jul-30-2008
Last Certified: Apr-1-2009
Last Updated: Aug-31-2006

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Dissemination Formats
Summary Methodology

Access National Summary Data Page

Cross-country comparisons: access the DSBB metadata query facility

The Data: Coverage, Periodicity, and Timeliness
Coverage characteristics

5.1.1 Statistical presentation

Data are disseminated in millions of Mexican pesos on the principal assets and liabilities of the Banco de México. Net credit to central government (Banco de México does not grant credit to local governments), commercial banks, development banks, and other financial intermediaries; it does not make loans to public and private enterprises, nor receive deposits from local governments, households or private firms. Thus, component detail includes the following separately disseminated items: claims on the central government; claims on the private banking sector; and net foreign assets (or gross foreign assets and gross foreign liabilities). Data on base money are also published, by source and by use.
Periodicity

4.1.1 Periodicity

Weekly
Timeliness

4.1.2 Timeliness

Two business days after each Friday and after month-end.
Access by the Public
Advance dissemination of
release calendar

5.1.3 Advance release calendar

An advance release calendar giving one-quarter ahead notice of the precise release dates is dissseminated on the Dissemination Standards Bulletin Board of the IMF (http://dsbb.imf.org). A note to this effect is published in "Indicadores Económicos" of the Bank of Mexico.
Simultaneous release to all
interested parties

5.1.4 Simultaneous release

Simultaneous availability to all users through the press release "Boletin Semanal sobre el Estado de Cuenta del Banco de México" (Weekly Bulletin on Account Statement of the Banco de México), available in Spanish only. The public can also obtain a copy from the Banco de México's Internet website(hhttp://www.banxico.org.mx/fBoletines/Boletines/FSBoletines.html).

 

 

 


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 México

The Banco of México is an autonomous body which operates under the Banco de México Law of December 1993. The law authorizes the Banco de México to publish economic and financial statistics. Article 62 (1) states the following: " The Banco de México shall be entitled, in conjunction with other competent authorities, to prepare, collect, and publish economic and financial statistics, operate information systems based thereon, and collect the data necessary for such purposes."

Analytical accounts of the central bank

Article 62 (1) states the following: "  The Banco de México shall be entitled, in conjunction with other competent authorities, to prepare, collect, and publish economic and financial statistics, operate information systems based thereon, and collect the data necessary for such purposes."

Furthermore, the Rules of Procedure of the Banco de México fix the dates for the publication of the balance sheet and statements of account.

0.1.2 Data sharing and coordination among data producing agencies

Banco de México

The Banco de México has ensured sufficient information interchange with other public agencies and private entities, through both, formal (primarily the establishment of committees) and informal (working meetings) arrangements.

0.1.3 Confidentiality of individual reporters' data

Banco de México

Data are provided in aggregated form. Confidentiality is maintained with respect to institutions, individuals, and enterprises.

Analytical accounts of the central bank

The data are provided in aggregated form. Confidentiality is maintained with respect to institutions, individuals, and enterprises.

0.1.4 Ensuring statistical reporting

Banco de México

The Law makes it mandatory for financial institutions to report to the Banco de México any data on their operations and spells out the penalties to be applied for noncompliance. There is continuous communication between the Banco de México and reporting entities to solve noncompliance problems and the Banco de México provides adequate support for the preparation of information returns.

0.2.1 Staff, facilities, computing resources, and financing

Banco de México

Banco de México has human, financial, and information technology resources to compile the statistics for which it is responsible.

0.3.1 Monitoring user requirements

Banco de México

Banco de México does not conduct regular user surveys. However, includes at the Website a comments and/or suggestions page.

0.4.1 Quality policy

Banco de México

A quality assurance system has been established (under the ISO 9001:2000 Quality Certification) in several statistical categories.

0.4.2 Quality monitoring

Banco de México

The ISO 9001:2000 Quality Certification includes an audit program in accordance with a preestablished schedule.

1.1.1 Impartiality of statistics

Banco de México

The legal framework governing the Banco de México ensures the autonomy of staff members assigned to the compilation of statistics and professional competence.

1.1.2 Selection of sources, methodology, and modes of dissemination

Banco de México

The selection of data sources is dictated purely by statistical considerations.

1.1.3 Commenting on erroneous interpretation and misuse of statistics

Banco de México

Banco de México holds periodic meetings with the media to avoid erroneous interpretations of statistics and, in major cases, of improper interpretation.

1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination

Banco de México

The Banco de México Law is published only in Spanish, a print version is included in the 1993 Annual Report. It is also available on the Internet website, click here .

An unofficial English translation is available on the Internet website of the Banco de México, click here.

1.3.1 Guidelines for staff behavior

Banco de México

The Banco de México Law states that Banco de México staff members are subject to the provisions of the Federal Law on the Administrative Responsibilities of Civil Servants.

In addition, the Banco de México has drawn up General Terms of Employment. It also sets up committees on specific topics, with the participation of staff from the various Banco de México departments, to deal with cases of noncompliance with the rules.

Identification of internal
government access to data
before release

1.2.2 Internal governmental access to statistics prior to release

Banco de México

Banco de México does not give any national authority access to the statistics before their release.

Analytical accounts of the central bank

No government employee outside of the Banco de México has access to the data prior to their publication.
Identification of ministerial
commentary on the occasion of
statistical releases

1.2.3 Attribution of statistical products

Banco de México

Banco de México identifies itself as a statistics-producing agency in monetary and consumer price statistics.

Banco de México identifies itself as a statistics-disseminating agency in exchange rate, interest rate and stock market statistics.

 

Analytical accounts of the central bank

The press release includes brief technical comments on the data.
Provision of information
about revision and advance
notice of major changes in
methodology

4.3.1 Revision schedule

The weekly data are preliminary. In general, monthly data are final but they may be revised, in which case "Indicadores Económicos" (Economic Indicators) contains an explanatory note.

1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques.

Banco de México

Banco de México announces in advance methodological statistical techniques or source data change it uses.

Analytical accounts of the central bank

The usual practice concerning any change in methodology is to publish a press bulletin on the Banco de Mexico website prior to or at the time of the methodological change.
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

Brief explanatory notes are published in the press releases. Methodological notes are also included in Banco de México’s web page and in the "Informe Anual del Banco de México" (Annual Report of the Banco de México).

 

 




(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

4.2.1 Internal consistency

The weekly data are published in ""Boletin Semanal sobre el Estado de Cuenta del Banco de México" (Weekly Bulletin on Account Statement of the Banco de México) and the monthly data in "Recursos y Obligaciones" (Assets and Liabilities).

4.2.2 Temporal consistency

A more detailed balance sheet with data consistent with that of the weekly data is disseminated in economic and financial indicators section of the Banco de México’s website, which includes historical series showing assets and liabilities of the Banco de México.



Country Notes:

 

 
Footnotes
Last posted: Date IMF staff last posted an update to these metadata on the DSBB.
Last certified: Date subscriber last officially certified the accuracy of these metadata.
Last updated: Date subscriber last submitted an update of these metadata to the IMF.

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