Statistical Notices to Reporting Banks 2007/11
Statistical Notices should be received by all those responsible for the completion of Bank of England returns. To amend the circulation list please contact Jenna Bassett (Tel. 020 7601 5500).
- Cash Ratio Deposits(effective immediately)
- General Notes & Definitions(effective immediately)
- New forms (effective end-October 2007 reporting)
- Reclassification of several private non-financial corporations (effective end-November 2007 reporting)
- Form CA: form and validation form (effective from end-December 2007 reporting)
1. Cash Ratio Deposits (effective immediately)
Cash Ratio Deposits (CRDs) are non-interest bearing deposits lodged with the Bank of England by eligible institutions (ie. banks and building societies), who have reported average eligible liabilities (ELs) in excess of £500 million over a six-month calculation period.
The level of each institution’s CRD is calculated twice yearly (in May and November) at 0.15% of average ELs in excess of £500 million over the previous six end-calendar months. The next adjustment to CRDs is due to take place on Monday 3 December, based on data reported on BT item 46 (Total eligible liabilities) for the months of May to October 2007.
The deadline for revisions to ELs to be reflected in the 3 December adjustment is 5pm on 16 November 2007, call notices will be issued shortly thereafter. Amendments to BT item 46 can be made via the usual contacts, but must be confirmed either in writing or by re-submitting the form.
If you have any queries relating to CRDs, please contact Sarah Waddington (Tel. 020 7601 5505).
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. General Notes & Definitions (effective immediately)
The General Notes and Definitions section of the Yellow Folder has been updated and all previous references to updates have been removed.
Related resources
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General Notes & Definitions |
3. New Forms (effective end-October 2007 reporting)
Reporting institutions are reminded that following on from Statistical Notice 2007/03, dated 8 March 2007, the revised Form BT (as well as certain other forms), should be used with effect from end-October 2007 reporting, for those that report Form BT monthly.
Form BT quarterly reporters should use this version with effect from end-December 2007 reporting.
Related resources
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Forms, Definitions & Validations |
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Statistical Notice 2007/03 |
4. Reclassification of several private non-financial corporations (effective immediately)
Metronet Rail BCV Holdings Ltd, Metronet Rail SSL Holdings LTD and Tube Line (Holdings) Ltd have been reclassified by the Office for National Statistics, from Non-financial corporations other than Public corporations, Form BT items BT2H, BT3H, BT6H, BT26EC, BT26F, BT29D, BT30H, BT32H, BT41F and Form BE items BE2H2, BE2HA2, BE3H2, BE6H2, BE26EC2, BE26F2, BE29DA2, BE29DB2, BE30H2, BE32H2 and BE41F2 to Public Corporations Form BT items, BT2G, BT3G, BT6G, BT26C, BT29C, BT30G, BT32G, BT41E.
Any existing business should be reclassified with effect from end-November 2007 reporting. If you have any queries relating to these changes, please contact Sarah Griffin (Tel.0207 601 5468).
When submitting end-November 2007 data, please advise Sarah Griffin of any reclassification in excess of £10mn.
5. Form CA: form and validation form (effective from end-December 2007 reporting)
A minor inconsistency has been discovered with the cross-form references on Form CA, item C11. Form BT items BTC24 and BTC25 have now been removed from the cross-form references on the paper versions of the form and validation form for this item. The cross-form validations are unchanged.
If you have any queries relating to Form CA please contact Nick Butt (Tel. 020 7601 5573).
Related resources
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Form CA |
Bank of England
Monetary & Financial Statistics Division
30 October 2007
