Notes:
- Consists of funds lent by FVCs to borrowers, including: (i) deposits
placed with MFIs; (ii) loans granted to FVCs; (iii) claims under reverse
repos or securities borrowing against cash collateral. It also includes
securitisation of non-negotiable securities backed by the loan portfolio
of MFIs.
- Refers to loans securitised through euro area FVCs which still
remain on the MFI balance sheet, i.e. have not been derecognised.
Derecognition of loans from the balance sheet of the MFI depends on the
application of the relevant accounting rules.
- Holdings of debt securities other than 'shares and other equity',
which are negotiable and usually traded on secondary markets. Holdings
of securities issued by other euro area FVCs mainly comprise
re-securitisations, i.e. securitisations of asset backed securities.
- Includes securitised assets other than loans and securities, such as
trade and tax receivables.
- Refers to holdings of securitisation fund units issued by euro area
FVCs.
- Includes: (i) financial derivatives (e.g. options, warrants,
futures, credit default swaps) subject to on-balance-sheet recording
according to national rules; (ii) fixed assets; and (iii) accrued
interest on deposits and loans, securities other than shares and accrued
rent on fixed assets.
- Includes the amounts owed to creditors by FVCs and consists of: (i)
loans granted to the reporting FVCs; (ii) non-negotiable debt
instruments issued by FVCs; and (iii) repos.
- Includes: (i) where applicable, any differences between the nominal
amount of principal outstanding of securitised loans and the transaction
value paid by the FVC in purchasing such loans; (ii) financial
derivatives liabilities (e.g. options, warrants, futures, credit default
swaps) subject to on-balance-sheet recording according to national
rules; and (iii) accrued interest payable on loans and deposits and
other amounts payable not related to the FVC's main business.
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