Page 91 - Invited Paper Session (IPS) - Volume 2

IPS184 Ivette F. et al.
based on the information of the other sectors, the non-financial sector
is considered the residual sector.
C. Debt securities: Consider the balance sheet information for
determining the total issued by each sector, but the classification
between short and long term is not very precise for either assets or
liabilities. Therefore, as a support, the balancing process for this
instrument is drawn from a security-by-security data base, an
administrative record provided by the Central Securities Depository.
D. Loans: Consider the data from Commercial Bank and other sectors. The
counterparty for longterm loans in foreign currency is assumed to be
the Rest of the World. Mortgage and consumer loans are allocated to
households and commercial loans to non-financial firms.
4
E. Money market fund shares : Include the information by funds and
according to their characteristics are distributed by counterparty. In
this way, the information of Households (asset) and Rest of the World
(asset) is defined.
F. Fund shares other than the money market : Consider the
5
characteristics of the funds to classify them by counterparty and define
the data for Households and for the rest of the sectors.
Finally, the sources of information may vary depending on the institutional
sector being measured. Mostly the information is made up of accounting
statements of statistical units and supplementary data obtained from
monitoring institutions. These sources are:
- Non-financial corporations: Information from the Financial Market
Commission (CMF) and the Internal Revenue Service (SII).
- Deposit-taking corporations: Principally data from the CMF and
financial statement of Central Bank of Chile.
- Other financial intermediaries and financial auxiliaries: Information
from the CMF and the Pensions Supervisor (SP).
- Insurance corporations and Pension funds: Data from the CMF, the
Superintendence of Health and the Pensions Supervisor.
- Money market funds: Data from the CMF.
- General government: Information from the General Comptroller Office,
and the Superintendence of Social Security.

4 This category includes the share of those investment funds that make their investments mainly
in money market instruments and transferable debt instruments with a residual maturity of less
than or equal to one year. This sector groups mutual funds type 1 and 2 of the classification
assigned by the Superintendence of Securities and Insurance (SVS) corresponding to those with
portfolios of less than or equal to 360 days.
This category includes the shares of those investment funds in which the funds raised are
5
invested mainly in financial assets lasting more than one year and in non-financial assets (real
estate), so they are not substitutes of deposits. Includes mutual funds and investment funds.
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