PUBLICATION OF A STATISTICAL CLASSIFICATION OF FINANCIAL MARKETS INSTRUMENTS
Frankfurt, 13 July 2005 - The European Central Bank has published for the first time a “Statistical classification of financial markets instruments”. Financial markets statistics are intensively used by the European System of Central Banks (Escb) in order to analyse the relationship between monetary policy and the structure and dynamics of the financial markets. In order to facilitate the adequate provision of financial markets statistics, the Escb has defined a statistical classification of financial markets instruments. This classification should ensure a common methodological understanding of financial markets statistics within the Escb, among market participants and by the public at large. The classification builds on the European System of National and Regional Accounts (Esa 95) classification and on international market standards, adjusted and enhanced where necessary for the purposes of financial markets statistics. It is thus consistent with the overall statistical framework of the Escb. Moreover, market practitioners were involved in its preparation. To obtain a hard copy of this report, please contact the Ecb’s Press and Information Division at the address given below. Alternatively, you can download the full report from the Ecb’s website.