Download No - Bank Indonesia

M E T A D A T A
BASIC INFORMATION
1
Data Category
2
Statistics
Disseminator
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Address
4
Contact
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6
7
Telephone
Facsimile
Email
: Monetary Operation
Directorate of Economic and Monetary
: Statistics
(DSM) Bank Indonesia
: Jl. M.H. Thamrin No. 2
Jakarta 10350
: Settlement, Information and
Administration Division
Directorate of Monetary Management
: 62-21-3818361, 62-21-3817810
: 62-21-2310171
: [email protected]
DATA DEFINITION

Money Market Transaction is a short-term financial
transactions (less than 1 year), which includes the
issuance of Bank Indonesia Certificates (SBI), the
issuance of Bank Indonesia Sharia Certificates (SBIS),
Deposit Facility, Bank Indonesia Sharia Deposit Facility
(FASBIS), Term Deposit, Repo, Inter-Bank Money Market
(PUAB) and Inter-Bank Sharia Money Market (PUAS)
 Monetary Operation is the implementation of monetary
policies by BI in terms of monetary management through
open market operations and standing facilities.
 Open Market Operation (OMO) is transactions in money
markets conducted by BI with Banks and/or other parties in
terms of Monetary Operation.
 Bank Indonesia Certificates (SBI) is securities in Rupiah
currency issued by Bank Indonesia as the acknowledgement
of short-term indebtedness.
 Term Deposit is deposit of rupiah funds owned by OMO
Participants as term deposit with Bank Indonesia.
 Repurchase Agreement (Repo) is transaction on the sale of
Securities by OMO Participants to BI, with the re-purchase
obligation by OMO Participants according to the agreed
upon price and period.
 Reverse Repo is transaction on the sale of Securities by
OMO Participants from BI, with the re-sale obligation by
the OMO Participants according to the agreed upon price
and period.
 Deposit facility is placement of rupiah funds by Banks at
BI in the context of Monetary Operations for a period of 1
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(one) business day.
 Lending Facility (LF) is provision of rupiah funds from BI
to Banks in terms of Monetary Operation for a period of 1
(one) business day.
 Sharia Monetary Operation (OMS) is the implementation of
monetary policies by BI in terms of monetary management
through open market operations and standing facilities
under sharia principles.
 Sharia Open Market Operation is transactions in money
markets based on sharia principles conducted by BI with
Sharia Commercial Banks and Sharia Business Units and/or
other parties in terms of Sharia Monetary Operation.
 Bank Indonesia Sharia Certificate (SBIS) is a short-term
rupiah denominated securities based on sharia principles
issued by BI.
 Sharia Deposit Facility (FASBIS) is a placement of rupiah
funds by sharia bank and sharia business unit at BI in the
terms of Sharia Monetary Operation for a period of 1 (one)
business day.
 Financing Facility is provision of rupiah funds from BI to
sharia bank and sharia business unit in terms of Sharia
Monetary Operation for a period of 1 (one) business day.

Interbank Money Market (PUAB) is a lending borrowing
activity
in
Rupiah
and/or
foreign
currency
among
conventional banks with a maturity of up to 1 (one) year.
PUAB consists of Rupiah PUAB – Morning Session, Rupiah
PUAB – Afternoon Session, foreign exchange PUAB

Sharia Interbank Money Market (PUAS) is a short-term financial
transaction among banks conducting business based on sharia
principles either in rupiah or foreign currency
Before July 2010 :
 Money Market Transaction is financial transaction in
short-term period (less than 1 year), that includes
Certificate of Bank Indonesia (SBI), Certificate of Bank
Indonesia Sharia (SBIS), Bank Indonesia Deposit Facility
(FASBI), Bank Indonesia Sharia Deposit Facility (FASBIS),
Fine Tune Operation (FTO), Inter-Bank Money Market (PUAB)
and Sharia Inter-Bank Money Market (PUAS)
 SWBI is the evidence of Wadiah Depositing Fund. Wadiah
Depositing Fund is depositing fund in short-time period
which is using Wadiah Principle provided by Bank Indonesia
for Sharia Bank or Sharia Business Unit (UUS). Wadiah is
an agreement of depositing fund between the owners of
funds with the party that receives the deposit which is
trusted to maintain the fund. Since April 2008, SWBI no
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

more exist and have been changed to Sharia Certificate of
Bank Indonesia (SBIS)
Bank Indonesia Rupiah Deposit Facility (FASBI) is a
facility provided by Bank Indonesia for Banks to place
their funds in Bank Indonesia.
Fine Tune Operation (FTO) is a transaction in the context
of OMO performed ad hoc by Bank Indonesia as necessary to
affect banking liquidity in the short term at the
transaction time, amount and price set forth by Bank
Indonesia.
DATA COVERAGE
Coverage :
The OMO outstanding and money market transactions consist of:
 SBI (In period of 1, 3, 6 and 9 month)
 Term Deposit
 Repo
 Reverse Repo
 Deposit Facility
 Lending Facility
 SBI Repo
 SBIS (In period of 1,3, 6 and 9 month)
 FASBIS
 Financing Facility
 SBIS Repo
 PUAB in Rupiah and Foreign Currency (over night of
morning session, over night of afternoon session, all
maturity of morning session, all maturity afternoon
session)
 PUAS (over night and all maturity)
Before July 2010 :
The position data of OPT and Money Market Transaction consist
of:
 SBI (In period of 1, 3, and 6 month)
 SBIS (In period of 1 month)
 SBI Repo
 SBIS Repo
 SWBI
 FASBI (overnight)
 FTO (Contraction and Expantion )
 PUAB in Rupiah and Foreign Currency (over night of
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
morning session, over night of afternoon session, all
maturity of morning session, all maturity of afternoon
session)
PUAS (over night and all maturity)
Unit :
Billion and Thousand
Currency :
Rupiah and USD
PUBLICATION PERIODICITY
Monthly
TIMELINESS
6 (six) weeks after the reference period (website)
7 (seven) weeks after the reference period (for
printed matter)
CD
and
ADVANCE RELEASE CALENDAR (ARC)
ARC (attached) will disclose every year by December.
SOURCE OF DATA
Bank Indonesia (BI) : LBU, LHBU, BI-SSSS
METHODOLOGY
The data recording process are :

Recording process
- The data of SBI, Term Deposit, Repo, Reverse Repo,
Deposit Facility, Lending Facility, SBI Repo, SBIS,
FASBIS, Financing Facility, and SBIS Repo are obtained
from BI-SSSS Information System.
- The data of PUAB and PUAS are obtained from LHBU that
delivered by Reporting Bank to BI online through
extranet. Data submitted by the banks are entered to
the OLTP (Online Transaction Processing) server after
being validated for data accuracy. The business
validations are done by the system based on parameter
settings. Those Parameter Settings previously have
been set especially for transactional data. Some data
need to be confirmed to the relevant bank for validity
and related to the sanction imposed. Data that has
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passed technical validation will be automatically
moved to the portal.
All data entered to the portal can be accessed
directly by the users and BI through EDW, which is
including the aggregated data, the detailed data by
each Banks and inter-bank transaction data.
Rupiah PUAB – Morning Session is started at 07.00 WIB
– 12.00 WIB, PUAB – Afternoon Session at 12.00 – 18.00
WIB and Foreign exchange PUAB at 07.00 WIB - 18.00
WIB.
-
-

-
Calculation Method
SBI
SBI is Issued and traded with discount system, SBI cash
value is calculated based on true discount with formula
as follows:
Cash Value
=
Nominal Value x 360
360 + (Discount Rate x Time Period)
Discount Value = Nominal Value – Cash Value
The outstanding of SBI is monthly total nominal value
of SBI.
-
Term Deposit
Term Deposit transaction conducted through auction
mechanism with fixed or variable rate tender method.
Transaction of cash value term deposit is calculated
based on true discount with formula as follow:
Cash Value =
Nominal Value Term Deposit x 360
360 + ( Discount Rate x Time
Period )
Discount Value =
Nominal Value Term Deposit – Cash
Value
The outstanding of Term Deposit is monthly total
nominal value of Term Deposit.
-
Repo
The repo transaction is conducted with sell and buy
back principle. It is conducted through an auction
mechanism with a fixed or variable rate tender method.
The outstanding of Repo is monthly total nominal value
of Repo.
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-
Reverse Repo
The Reverse Repo is conducted with sell and buy back
Principle.
Reverse Repo
is transaction conducted
through an auction mechanism with a fixed or variable
rate tender method.
The outstanding of Reverse Repo is monthly total
nominal value of Reverse Repo.
- Deposit Facility
The outstanding of Deposit Facility is monthly total
nominal value of Deposit Facility.
-
Lending Facility
The outstanding of Lending Facility is monthly total
nominal value of Lending Facility.
-
SBI Repo
The SBI repo transaction is conducted with sell and buy
back principle.
The outstanding of SBI Repo is monthly total nominal
value of SBI Repo.
-
SBIS
The outstanding of SBIS is monthly total nominal value
of SBIS.
-
FASBIS
The outstanding of
value of FASBIS.
FASBIS
is
monthly
total
nominal
-
Financing Facility
The outstanding of Financing Facility is monthly total
nominal value of Financing Facility.
-
SBIS Repo
The outstanding of SBIS Repo is monthly total nominal
value of SBIS Repo.
-
PUAB
PUAB Overnight (O/N) transaction is monthly
transaction with 1 day maturity
The all maturity PUAB transaction is monthly
transaction with all maturity.
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PUAB
PUAB
44
-
PUAS Transaction
PUAS transaction is monthly PUAS transaction with all
maturity.
DATA INTEGRITY
The data are final when first disseminated. Changes in
methodology are noted along the data with the new methodology
published for the first time.
PUBLIC ACCESS TO DATA
Data are disseminated on:

BI’ Website
http://www.bi.go.id/web/id/Statistik/Statistik+Ekonomi+dan+
Keuangan+Indonesia/Versi+HTML/Sektor+Moneter/

Indonesian Financial Statistics (SEKI) Publication (printed
matters and CD)
Data can also be acquired from:
 SDDS/IMF’s Website (http://www.bi.go.id/sdds).

BPS` Website (http://www.bps.go.id/)
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