Methodological notes on Organisations and Households debt on bank loans and debt securities

The Bank of Russia calculates оrganisations and households debt on bank loans and debt securities on a monthly basis by economic sector, financial instrument and currency (ruble and foreign currency) and includes:

• non-financial organisations and other financial (except credit) organisations debt on bank loans and debt securities
• households and non-profit institutions serving households (NPISHs) debt on bank lending; debt on housing mortgage loans sold by credit institutions to mortgage agents (including repayment), debt on consumer loans sold by credit institutions to specialized financial companies.

 Debt securities are accounted for at face value less debt securities bought out by issuers (excluding promissory notes).

 The classification of sectors and instruments corresponds to the System of National Accounts, 2008 (2008 SNA) (European Commission, IMF, OECD, UN, World Bank, 2009)¹.

Organisations and households debt on bank loans and debt securities can be updated due to changes in reporting data, the emergence of new sources of information, methodological changes.

¹ Methodological framework and compilation of the financial accounts of the system of national accounts of the Russian Federation.