All you need to know
BOE Data on Deposits and Repos in Companies
The Deposits & Repos BOE (Bank of England) dataset captures the liability side of the balance sheet for UK-resident Monetary Financial Institutions (MFIs) vis-à-vis UK residents other than banks and building societies 3, 5 .
Referenced internet pages dealing with UK Companies House on-line information:
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Data Source & Reporting
This data is primarily gathered monthly and quarterly from financial institutions via Form AD (Analysis of deposits from UK residents) 5, 7 . -
Type of Deposits
- Sight Deposits: Funds that can be fully or partially withdrawn on demand or by the close of the next business day without interest penalties 2. These include personal current accounts and operational business deposit accounts.
- Time Deposits: Fixed-term deposits or accounts requiring a notice period before withdrawal 2 .
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Repurchase Agreements (Repos)
- A repo occurs when a bank sells a security (typically a government bond/gilt) to a counterparty with a commitment to repurchase it at a specified future date and price 1, 4 .
- In BoE statistical reporting, cash received by a reporting bank under a repo is classified as a collateralized deposit liability 4, 8.
- This category measures the outstanding stock and monthly changes of these repo positions, which are critical for understanding interbank liquidity and central bank market operations 1, 6.
Referenced internet pages dealing with UK Companies House on-line information:
- 1 – BOE – Bank of England plans expanded repo facilities – Jul 2024 (from : www.businesstimes.com.sg)
- 2 – BOE – Analysis of deposits from UK residents – Jan 2019 (from : www.bankofengland.co.uk)
- 3 – ONS – Economic Statistics Transformation Programme (from : www.ons.gov.uk)
- 4 – BOE – Monetary financial institutions (excluding central bank) balance sheet data (from : www.bankofengland.co.uk)
- 5 – BOE – Analysis of deposits from UK residents (from : www.bankofengland.co.uk)
- 6 – BOE – Statistical Release: Money and Credit Nov 2016 (from : www.bankofengland.co.uk)
- 7 – BOE – Details about industrial analysis deposits and lending data (from : www.bankofengland.co.uk)
- 8 – BOE – Statistical Release : Money and Credit Feb 2018 (from : www.bankofengland.co.uk)