[30 Jul 2010] Changes in collection of statistics on monetary financial institutions (MFIs). MFI reporting to the Bank of Finland was revised as of June 2010. MFI reports are the basis for compilation of MFI balance sheet (loans and deposits) and interest rate statistics. The revised data collection scheme will markedly improve reporting accuracy, and it incorporates ECB’s new statistical reporting requirements. In line with the new requirements, the reporting instructions as regards certain instruments have been amended, and this affects statistical data to some degree.
Volumes of loans, deposits and other main balance sheet items are not greatly affected by the amendments, but the reporting of interest rates on new business will change more considerably. For example, non-financial corporations’ overdrafts and credit card credit have increased remarkable, due to an extension of the definition of overdrafts and credit card credit to include revolving credits. The end-of-month stock of overdrafts and credit card credit correspond to new business carried out during the month. The accuracy of MFI loan and deposit data has been improved, as all MFIs are now subject to full reporting. Previously, the data were estimated for MFIs that were subject to limited reporting. To an extent, this methodological change also affects the published interest rates.
For further details, please contact Elina Salminen, Economist, telephone +358 10 831 2343, or Olli Alanko, Economist, telephone +358 10 831 2456.
[26 Feb 2009] Money and banking statistics - annual review 2008 published. The Money and Banking Statistics – Annual Review focuses on statistics on Finnish monetary financial institutions (MFIs) and changes in the monetary financial sector over the previous year. The publication covers loans to sectors other than MFIs , deposits and other financing as well as data on changes in the MFI sector. The publication also includes an appendix of charts.
[10 Dec 2008] Changes in the list of exchange rates. The European Central Bank (ECB) will amend the list of currencies as of 2 January 2009, so that euro reference exchange rates will no longer be published for the Slovakian koruna. Slovakia will adopt the euro at the beginning of 2009. At the same time, reference exchange rates for the Indian rupee will be added to the list. The new rates will be included in the Bank of Finland exchange rate tables but also the historic rates of Slovakian koruna will still be published. For closer details, see the ECB press release
[9 Dec 2008] The ECB has discontinued quoting the euro reference rate for the Icelandic krona. The ECB has discontinued quoting the euro reference rate for the Icelandic krona due to the limited volume of trading in the krona in the offshore foreign exchange market, which has made it difficult to determine the market rate.
[27 Jun 2008] The publication of MFI balance sheet and interest rate statistics will be advanced as of 30 June 2008. All statistics on MFI balance sheet and interest rates will be published on the Bank of Finland’s website in accordance with the event calendar mainly on the last banking day of each month. Previously, the information has been published in accordance with the schedule of the Financial Markets statistics review on the 5th banking day of the following month.
[6 Jun 2008] As from July 2008, the main publication channel for Bank of Finland statistics will be the Statistics directory on the Bank's website. In this connection, the statistical review, Financial Markets, which is published in PDF format on the Bank's website, will change in terms of content. A new-format statistical review will be released on the third banking day of each month – starting on 3 July 2008. The review will include all the key tables. All statistical tables and charts will then be available on the Bank's website in interactive form.
[30 May 2008] Monetary financial institutions' balance sheet statistical data has been revised, to some extent, from 2005. The most significant revisions are in both tables and charts showing Finnish contribution to euro area M3. The revisions are focused on the money holding sector's money market fund shares and the volume of monetary financial institutions' debt securities up to two years' agreed maturity. Other, minor revisions appear in some other balance sheet items.
[14 Mar 2008] Annual statistics on Finland's balance of payments have been reformed. Topics covered by the reformed publication are the current account, direct and portfolio investment as well as foreign assets and liabilities of Finnish monetary financial institutions. The publication also includes a charts section and a supplementary annex of tables. Data on direct and portfolio invest-ment, which was previously published in separate statistical bulletins, have also been incorporated into the new annual publication. They will no longer be appearing as separate publications.
[14 Feb 2008] New annual statistical publication. The new statistical publication Money and Banking Statistics focuses on statistics on Finnish monetary financial institutions (MFIs) and changes in the monetary financial sector over the previous year. The publication covers data on changes in the MFI sector, deposits and other financing as well as loans to sectors other than MFIs. The publication also includes an appendix of charts.
[20 Dec 2007] Changes in the list of exchange rates. The European Central Bank (ECB) will amend the list of currencies as of 2 January 2008, so that euro reference exchange rates will no longer be published for the Cyprus pound and Maltese lira. Cyprus and Malta will adopt the euro at the beginning of 2008. At the same time, reference exchange rates for the Brazilian real and Mexican peso will be added to the list. The new rates will be included in the Bank of Finland exchange rate tables but also the historic rates of Cyprus pound and Maltese lira will still be published. For closer details, see the ECB press release.
[30 Nov 2007] Reporting of loan and deposit statistics reformed The Bank of Finland is in the process of developing its statistics data on the Bank's website. The quick data sections 'Monetary liabilities of Finnish MFIs and euro denominated loans to euro area residents', 'Analytical accounts of the banking sector (monetary financial institutions) in Finland' and 'Deposit and lending rates of Finnish MFIs' will be issued in their current form, for the last time on 30 November 2007.
These will be replaced by a monthly statistics information release and interactive tables, which will cover a broader selection of data than previously. The information release and the tables can be found on the website, at www.bof.fi/en/tilastot/tase_ja_korko/index.htm. The information release can also be ordered to your email, from www.bof.fi/en/julkaisut/sahkoisten_julkaisujen_tilaaminen/index.htm. The publication schedule remains the same, in that the most recent data shall generally be published on the last banking day of each month, unless otherwise stated in the events calendar.
For further information, please contact
Elisabeth Hintikka, telephone +358 10 831 2322, email firstname.surname@bof.fi
Kimmo Koskinen, telephone +358 10 831 2546, email firstname.surname@bof.fi
[7 Nov 2007] The statistical review, Financial Markets, will cease to appear in paper format. The output of statistical information on the Bank of Finland’s website has been renewed. Website development continues and the release of printed statistical publications will cease. Most of the statistical information included in Financial Markets is already available on our website in the form of interactive tables.
The last printed issue of Financial Markets (12/2007) will be released on 10 December 2007. Financial Markets will continue to be available in PDF format from the Bank’s website until June 2008, when the last issue (6/2008) will be released. The current e-publication will be replaced by a new one containing similar key table data that can be printed out.
For further details, please contact:
Aki Ojala, telephone +358 10 831 2418, email: aki.ojala(at)bof.fi
Elisabeth Hintikka, telephone +358 10 831 2322, email: elisabeth.hintikka(at)bof.fi
[27 Sep 2007]
The latest exchange rates and Euribor rates are now also available as RSS feeds. In order to read RSS feeds you will need an aggregator program, which is included in most modern web browsers such as Internet Explorer 7 and Firefox 2.0. RSS feeds are available both in RSS 2.0 and RSS-CB format, which is used by many central banks.
The exchange rates in RSS 2.0 format
http://www.bof.fi/Stats/default.aspx?r=/tilastot/valuuttakurssit/valuuttakurssit_today_rss_en&type=xml
The exhange rates in RSS-CB format
http://www.bof.fi/Stats/default.aspx?r=/tilastot/valuuttakurssit/valuuttakurssit_today_rss_cb_en&type=xml
Euribor rates in RSS 2.0 format
http://www.bof.fi/Stats/default.aspx?r=/tilastot/markkina-_ja_hallinnolliset_korot/euribor_korot_today_rss_en&type=xml
Euribor rates in RSS-CB-format
http://www.bof.fi/Stats/default.aspx?r=/tilastot/markkina-_ja_hallinnolliset_korot/euribor_korot_today_rss_cb_en&type=xml
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