Page 36 - June 2017
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Table 25a: Components and Sources of Monetary Base 1 2 : May 2016 to May 2017
May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 (Rs million)
May-17
Components of Monetary Base
1. Currency with Public 26,173 26,254 26,762 26,566 26,680 27,086 26,978 29,731 28,504 28,354 28,227 28,264 28,038
2. Currency with Other Depository Corporations 4,398 4,327 4,261 4,589 4,733 4,728 5,014 6,187 5,518 5,087 5,414 4,920 4,519
3. Deposits with BoM
45,501 39,839 40,788 41,120 41,672 39,342 43,058 46,144 49,052 46,448 42,630 50,649 51,387
of which:
Other Depository Corporations 45,411 39,659 40,642 40,847 41,471 39,234 42,935 45,642 48,952 46,324 42,441 50,525 51,271
Other 90 180 146 273 201 108 123 502 100 123 189 124 117
Monetary Base (1+2+3) 76,073 70,420 71,811 72,274 73,084 71,156 75,050 82,062 83,074 79,888 76,270 83,833 83,945
Sources of Monetary Base
1. Net Foreign Assets 159,898 166,726 166,911 166,396 169,581 171,299 173,801 177,669 174,395 174,924 175,637 179,153 178,461
2. Net Claims on Central Government -29,765 -35,913 -35,783 -37,225 -37,942 -41,152 -41,551 -38,387 -32,405 -35,192 -40,506 -39,546 -35,352
3. Claims on Other Depository Corporations
4. Claims on Other Sectors 1,017 867 1,357 876 903 874 872 885 765 759 783 778 780
5. Net Non-Monetary Liabilities 3,622 3,761 3,749 3,762 3,762 3,759 3,768 3,786 3,776 3,766 3,765 3,761 3,766
58,698 65,020 64,422 61,535 63,220 63,623 61,840 61,890 63,457 64,370 63,409 60,313 63,711
Monetary Base (1+2+3+4-5) 76,073 70,420 71,811 72,274 73,084 71,156 75,050 82,062 83,074 79,888 76,270 83,833 83,945
Figures may not add up to totals due to rounding.
Source: Research and Economic Analysis Department.
Table 25b: Components and Sources of Broad Money Liabilities 1 2 : May 2016 to May 2017
May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 (Rs million)
May-17
Components of Broad Money Liabilities
1. Currency with Public 26,173 26,254 26,762 26,566 26,680 27,086 26,978 29,731 28,504 28,354 28,227 28,264 28,038
2. Transferable Deposits 66,135 67,934 69,446 68,541 68,957 70,439 70,490 72,270 72,999 73,423 73,598 73,718 74,631
I. Narrow Money Liabilities (1+2) 92,309 94,188 96,208 95,107 95,637 97,525 97,468 102,001 101,503 101,777 101,825 101,982 102,669
1. Savings Deposits 175,112 179,370 181,453 182,024 184,500 185,123 185,692 192,828 193,614 195,829 196,747 197,707 197,017
2. Time Deposits 107,756 106,973 108,351 107,689 106,952 106,497 107,237 105,324 105,183 106,178 104,483 103,539 105,172
3. Foreign Currency Deposits
II. Quasi-Money Liabilities (1+2+3) 69,216 69,026 69,614 71,174 69,087 72,930 70,221 71,943 76,704 75,286 76,162 77,380 82,429
352,084 355,370 359,419 360,887 360,539 364,550 363,149 370,095 375,501 377,293 377,392 378,626 384,619
III. Securities other than Shares 5,256 5,409 5,491 5,437 5,545 5,554 5,565 5,693 5,527 5,733 5,854 5,815 5,734
BROAD MONEY LIABILITIES (I+II+III) 449,649 454,966 461,118 461,431 461,720 467,629 466,182 477,789 482,530 484,803 485,071 486,423 493,023
Sources of Broad Money Liabilities
I. Net Foreign Assets 518,022 529,765 536,627 547,521 541,174 541,488 576,673 549,151 552,006 550,125 565,447 551,542 561,429
Bank of Mauritius 159,898 166,726 166,911 166,396 169,581 171,299 173,801 177,669 174,395 174,924 175,637 179,153 178,461
Other Depository Corporations 358,124 363,039 369,716 381,126 371,593 370,189 402,872 371,482 377,612 375,200 389,810 372,389 382,967
48,939 48,559 50,347 51,497 52,695 51,356 50,543 54,205 57,786 60,550 58,360 59,555 60,021
1. Net Claims on Central Government -29,765 -35,913 -35,783 -37,225 -37,942 -41,152 -41,551 -38,387 -32,405 -35,192 -40,506 -39,546 -35,352
Bank of Mauritius
Other Depository Corporations 78,704 84,473 86,131 88,722 90,637 92,508 92,094 92,592 90,191 95,742 98,866 99,101 95,372
435,339 437,123 444,613 439,060 440,062 447,459 441,429 439,052 438,225 453,758 466,566 466,980 471,439
2. Claims on Other Sectors
Bank of Mauritius 3,622 3,761 3,749 3,762 3,762 3,759 3,768 3,786 3,776 3,766 3,765 3,761 3,766
Other Depository Corporations 431,718 433,363 440,864 435,299 436,299 443,700 437,662 435,266 434,449 449,992 462,801 463,218 467,673
484,278 485,682 494,960 490,558 492,757 498,815 491,973 493,258 496,012 514,308 524,926 526,535 531,460
II. Domestic Claims (1+2) 552,651 560,481 570,469 576,648 572,210 572,674 602,464 564,619 565,488 579,630 605,302 591,654 599,866
III. Net Non-Monetary Liabilities
BROAD MONEY LIABILITES (I+II-III) 449,649 454,966 461,118 461,431 461,720 467,629 466,182 477,789 482,530 484,803 485,071 486,423 493,023
Figures may not add up to totals due to rounding.
1 Based on the methodology of the IMF's Depository Corporations Survey framework.
2 Following IMF recommendations in January 2013, with effect from January 2010, liabilities to Central Government include deposits of budgetary central government,
extra-budgetary units and social security funds, as well as their holdings of Bank of Mauritius securities, which were formerly classified as "Deposits and Securities Other than Shares, Excluded from Monetary Base".
Source: Research and Economic Analysis Department.
