Page 34 - May 2017

Table 25a: Components and Sources of Monetary Base 1 2 : April 2016 to April 2017

Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 (Rs million)
Apr-17

Components of Monetary Base

1. Currency with Public 26,255 26,173 26,254 26,762 26,566 26,680 27,086 26,978 29,731 28,504 28,354 28,227 28,264
2. Currency with Other Depository Corporations 4,193 4,398 4,327 4,261 4,589 4,733 4,728 5,014 6,187 5,518 5,087 5,414 4,920
3. Deposits with BoM
36,966 45,501 39,839 40,788 41,120 41,672 39,342 43,058 46,144 49,052 46,448 42,630 50,649
of which:
Other Depository Corporations 36,805 45,411 39,659 40,642 40,847 41,471 39,234 42,935 45,642 48,952 46,324 42,441 50,525
Other 161 90 180 146 273 201 108 123 502 100 123 189 124

Monetary Base (1+2+3) 67,414 76,073 70,420 71,811 72,274 73,084 71,156 75,050 82,062 83,074 79,888 76,270 83,833

Sources of Monetary Base

1. Net Foreign Assets 156,601 159,898 166,726 166,911 166,396 169,581 171,299 173,801 177,669 174,395 174,924 175,637 179,153
2. Net Claims on Central Government -34,519 -29,765 -35,913 -35,783 -37,225 -37,942 -41,152 -41,551 -38,387 -32,405 -35,192 -40,506 -39,546
3. Claims on Other Depository Corporations
4. Claims on Other Sectors 1,067 1,017 867 1,357 876 903 874 872 885 765 759 783 778
5. Net Non-Monetary Liabilities 3,623 3,622 3,761 3,749 3,762 3,762 3,759 3,768 3,786 3,776 3,766 3,765 3,761
59,358 58,698 65,020 64,422 61,535 63,220 63,623 61,840 61,890 63,457 64,370 63,409 60,313

Monetary Base (1+2+3+4-5) 67,414 76,073 70,420 71,811 72,274 73,084 71,156 75,050 82,062 83,074 79,888 76,270 83,833

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 : April 2016 to April 2017

Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 (Rs million)
Apr-17

Components of Broad Money Liabilities

1. Currency with Public 26,255 26,173 26,254 26,762 26,566 26,680 27,086 26,978 29,731 28,504 28,354 28,227 28,264
2. Transferable Deposits 65,445 66,135 67,934 69,446 68,541 68,957 70,439 70,490 72,270 72,999 73,423 73,598 73,718
I. Narrow Money Liabilities (1+2) 91,699 92,309 94,188 96,208 95,107 95,637 97,525 97,468 102,001 101,503 101,777 101,825 101,982

1. Savings Deposits 175,665 175,112 179,370 181,453 182,024 184,500 185,123 185,692 192,828 193,614 195,829 196,747 197,707
2. Time Deposits 107,028 107,756 106,973 108,351 107,689 106,952 106,497 107,237 105,324 105,183 106,178 104,483 103,539
3. Foreign Currency Deposits
II. Quasi-Money Liabilities (1+2+3) 67,167 69,216 69,026 69,614 71,174 69,087 72,930 70,221 71,943 76,704 75,286 76,162 77,380
349,859 352,084 355,370 359,419 360,887 360,539 364,550 363,149 370,095 375,501 377,293 377,392 378,626

III. Securities other than Shares 5,353 5,256 5,409 5,491 5,437 5,545 5,554 5,565 5,693 5,527 5,733 5,854 5,815

BROAD MONEY LIABILITIES (I+II+III) 446,912 449,649 454,966 461,118 461,431 461,720 467,629 466,182 477,789 482,530 484,803 485,071 486,423

Sources of Broad Money Liabilities

I. Net Foreign Assets 525,295 518,022 529,765 536,627 547,521 541,174 541,488 576,673 549,151 552,006 550,125 565,447 551,542
Bank of Mauritius 156,601 159,898 166,726 166,911 166,396 169,581 171,299 173,801 177,669 174,395 174,924 175,637 179,153
Other Depository Corporations 368,694 358,124 363,039 369,716 381,126 371,593 370,189 402,872 371,482 377,612 375,200 389,810 372,389
48,841 48,939 48,559 50,347 51,497 52,695 51,356 50,543 54,205 57,786 60,550 58,360 59,555
1. Net Claims on Central Government -34,519 -29,765 -35,913 -35,783 -37,225 -37,942 -41,152 -41,551 -38,387 -32,405 -35,192 -40,506 -39,546
Bank of Mauritius
Other Depository Corporations 83,360 78,704 84,473 86,131 88,722 90,637 92,508 92,094 92,592 90,191 95,742 98,866 99,101
431,099 435,339 437,123 444,613 439,060 440,062 447,459 441,429 439,052 438,225 453,758 466,566 466,980
2. Claims on Other Sectors
Bank of Mauritius 3,623 3,622 3,761 3,749 3,762 3,762 3,759 3,768 3,786 3,776 3,766 3,765 3,761
Other Depository Corporations 427,476 431,718 433,363 440,864 435,299 436,299 443,700 437,662 435,266 434,449 449,992 462,801 463,218
479,940 484,278 485,682 494,960 490,558 492,757 498,815 491,973 493,258 496,012 514,308 524,926 526,535
II. Domestic Claims (1+2) 558,323 552,651 560,481 570,469 576,648 572,210 572,674 602,464 564,619 565,488 579,630 605,302 591,654
III. Net Non-Monetary Liabilities

BROAD MONEY LIABILITES (I+II-III) 446,912 449,649 454,966 461,118 461,431 461,720 467,629 466,182 477,789 482,530 484,803 485,071 486,423

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.