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Detailed Monetary Survey

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Unit May 2024 Jun 2024 Jul 2024 Aug 2024 Sep 2024
NET FOREIGN ASSETS EC$M 13,536.15 13,520.26 13,828.57 13,855.29 13,835.45
Central Bank (Net) EC$M 5,174.95 5,065.49 5,180.74 5,157.74 5,308.08
Central Bank Foreign Assets EC$M 5,255.89 5,146.46 5,261.77 5,238.90 5,389.01
Central Bank Foreign Liabilities EC$M 80.93 80.97 81.02 81.16 80.93
Commercial Banks (net) EC$M 8,361.20 8,454.77 8,647.83 8,697.55 8,527.37
Commerical Banks Foreign Assets EC$M 10,566.67 10,696.72 11,160.16 11,238.97 11,180.84
Commerical Banks Foreign Liabilities EC$M 2,205.47 2,241.95 2,512.32 2,541.43 2,653.47
NET DOMESTIC ASSETS EC$M 7,175.61 7,149.34 6,972.78 7,077.25 6,969.74
 Domestic Credit EC$M 11,239.82 11,236.84 11,134.51 11,295.17 11,374.83
Net Credit to General Government (A) + (B) + (C ) + (D) EC$M -1,644.89 -1,749.77 -1,889.33 -1,835.82 -1,893.34
(A) Net Credit to Central Government EC$M -192.21 -264.54 -411.04 -326.65 -416.12
(B) Net Credit to Local Government EC$M 336.42 339.01 349.82 352.52 371.34
(C) Net Credit to National Insurance Scheme EC$M -1,698.19 -1,720.19 -1,731.96 -1,745.23 -1,751.16
(D) Net Credit to Public Nonfinancial Corporations Group1 (PNFC1) EC$M -90.91 -104.05 -96.14 -116.45 -97.40
Credit to General Government EC$M 2,777.76 2,807.89 2,807.10 2,807.67 2,845.75
Central Bank Credit EC$M 257.59 258.15 204.87 202.24 200.29
Central Bank Loans and Advances EC$M 51.47 51.56 5.49 7.65 5.24
Advances to Government EC$M 51.47 51.56 5.49 7.65 5.24
Advances to Government EC$M 51.47 51.56 5.49 5.50 2.75
Government Operating Accounts EC$M 0.00 0.00 0.00 2.15 2.49
Central Bank Loans EC$M 0.00 0.00 0.00 0.00 0.00
Central Bank's Treasury Bill Holdings EC$M 0.00 0.00 0.00 0.00 0.00
Central Bank's Debenture Holdings EC$M 206.12 206.59 199.38 194.59 195.05
Central Bank Interest Due on Securities EC$M 0.00 0.00 0.00 0.00 0.00
Interest Receivable/Accrued Interest on Government Securities EC$M 0.00 0.00 0.00 0.00 0.00
Central Bank Special Deposit Arrears EC$M 0.00 0.00 0.00 0.00 0.00
Commercial Bank Credit EC$M 2,520.17 2,549.74 2,602.23 2,605.43 2,645.46
To Central Government EC$M 2,033.89 2,067.18 2,095.68 2,112.54 2,127.35
Commercial Banks' Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 1,128.58 1,142.97 1,165.10 1,204.62 1,211.53
Total Investments EC$M 905.31 924.21 930.58 907.92 915.82
Commercial Banks' Treasury Bills Holdings EC$M 366.78 375.09 380.91 359.21 365.06
Commercial Banks' Other Govt Securities EC$M 537.36 547.94 548.49 547.53 549.58
Commercial Banks' Equity and Investment Fund Shares EC$M 0.00 0.00 0.00 0.00 0.00
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Receivable EC$M 1.18 1.18 1.18 1.18 1.18
Settlement Accounts Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Local Government EC$M 379.75 376.99 385.04 388.38 401.29
Commercial Banks' Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 272.93 271.91 279.87 279.87 272.66
Total Investments EC$M 106.82 105.08 105.17 108.51 128.62
Commercial Banks' Treasury Bills Holdings EC$M 30.40 30.53 30.13 32.98 30.16
Commercial Banks' Other Govt Securities EC$M 76.42 74.55 75.04 75.54 98.47
Commercial Banks' Equity and Investment Fund Shares EC$M 0.00 0.00 0.00 0.00 0.00
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Settlement Accounts Receivable EC$M 0.00 0.00 0.00 0.00 0.00
To National Insurance Scheme EC$M 0.06 0.04 0.03 0.04 0.02
Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 0.06 0.04 0.03 0.04 0.02
Investments EC$M 0.00 0.00 0.00 0.00 0.00
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Settlement Accounts Receivable EC$M 0.00 0.00 0.00 0.00 0.00
To Public Nonfinancial Corporations Group 1 (PNFC1) EC$M 106.48 105.53 121.48 104.48 116.80
Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 93.41 92.41 108.58 91.52 103.79
Investments EC$M 13.07 13.12 12.90 12.96 13.01
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Settlement Accounts Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Liabilities to General Government EC$M 4,422.65 4,557.66 4,696.43 4,643.49 4,739.09
Liabilities to Central Government EC$M 2,483.69 2,589.87 2,711.60 2,641.43 2,743.76
At the Commercial Banks EC$M 1,998.07 2,107.42 2,233.89 2,230.13 2,230.37
Deposits EC$M 1,991.88 2,104.53 2,230.56 2,226.22 2,226.08
Borrowings/Loans EC$M 0.00 0.00 0.00 0.00 0.00
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Payable EC$M 0.30 0.35 0.34 0.36 0.39
Settlement Accounts EC$M 5.90 2.53 2.99 3.55 3.90
At the Central Bank EC$M 485.62 482.45 477.71 411.30 513.40
Govt Deposits, Call Acc & Fixed Deposits EC$M 337.20 338.52 357.42 301.83 407.18
Sinking Fund Call Account EC$M 11.90 15.10 10.06 10.53 11.11
Gov't of St Kitts and Nevis Banking Sector Reserve Fund EC$M 0.00 0.00 0.00 0.00 0.00
Govt Operating Accounts EC$M 66.08 55.60 39.55 25.49 24.46
Profit Equalisation EC$M 0.00 0.00 0.00 0.00 0.00
Fiscal Reserves Facility - Tranche II EC$M 56.00 56.00 54.00 54.00 54.00
Govt Disaster Mitigation Loan Accounts EC$M 0.00 0.00 0.00 0.00 0.00
Govt Bonds Proceeds Issued Accounts EC$M 0.00 0.00 0.00 0.00 0.00
Govt Securities Proceeds Issued Accounts EC$M 0.00 0.00 0.00 0.00 0.00
Government OECS Pharmaceutical Procurement Service Accounts EC$M 4.37 7.58 7.87 10.23 8.03
Government EC Partial Credit Guarantee Accounts EC$M 7.74 8.14 8.01 7.92 7.70
Government EC Civil Aviation Authority Accounts EC$M 0.00 0.00 0.00 0.00 0.00
Government OECS Operating Accounts EC$M 2.33 1.51 0.80 1.30 0.92
Liabilities to Local Government EC$M 43.32 37.98 35.23 35.87 29.95
At the Commercial Banks EC$M 43.32 37.98 35.23 35.87 29.95
Deposits EC$M 43.32 37.98 35.23 35.87 29.95
Borrowings/Loans EC$M 0.00 0.00 0.00 0.00 0.00
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Payable EC$M 0.00 0.00 0.00 0.00 0.00
Settlement Accounts EC$M 0.00 0.00 0.00 0.00 0.00
At the Central Bank EC$M 0.00 0.00 0.00 0.00 0.00
Local Govt Operating Accounts EC$M 0.00 0.00 0.00 0.00 0.00
Local Govt Fixed Deposits EC$M 0.00 0.00 0.00 0.00 0.00
Liabilities to National Insurance Scheme EC$M 1,698.25 1,720.23 1,731.99 1,745.27 1,751.18
Deposits EC$M 1,677.36 1,700.07 1,711.88 1,725.19 1,731.25
Borrowings/Loans EC$M 20.00 19.29 19.29 19.29 19.19
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Payable EC$M 0.88 0.84 0.80 0.76 0.72
Settlement Accounts EC$M 0.00 0.02 0.02 0.02 0.02
Public Nonfinancial Corporations Group 1 (PNFC1) EC$M 197.39 209.59 217.62 220.93 214.20
Deposits EC$M 196.46 208.45 216.60 220.00 213.52
Borrowings/Loans EC$M 0.00 0.00 0.00 0.00 0.00
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Payable EC$M 0.93 0.75 1.02 0.92 0.68
Settlement Accounts EC$M 0.00 0.38 0.00 0.00 0.00
CLAIMS ON OTHER SECTORS EC$M 12,884.71 12,986.61 13,023.84 13,130.99 13,268.17
CLAIMS ON OTHER FINANCIAL CORPORATIONS EC$M 394.47 393.84 392.64 419.87 391.69
Public Financial Corporations EC$M 67.99 66.64 67.50 70.90 70.62
At the Commercial Banks EC$M 67.99 66.64 67.50 70.90 70.62
Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 38.49 37.14 38.00 41.40 41.12
Investments EC$M 29.50 29.50 29.50 29.50 29.50
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Settlement Accounts Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Other Financial Corporations (NON Deposit Taking) EC$M 326.48 327.19 325.15 348.98 321.08
At the Commercial Banks EC$M 311.88 312.22 310.03 333.92 306.04
Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 54.22 49.64 48.76 75.82 48.59
Investments EC$M 255.43 260.50 252.65 252.21 247.60
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Settlement Accounts Receivable EC$M 0.35 0.39 7.22 4.81 8.82
Insurance and Technical Reserves Premium EC$M 1.89 1.69 1.41 1.09 1.03
At Central Bank EC$M 14.59 14.98 15.12 15.05 15.04
Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 1.39 1.45 1.63 1.63 1.68
Investments EC$M 13.02 13.02 13.02 13.02 13.02
Insurance Technical Reserves EC$M 0.17 0.50 0.46 0.39 0.33
CLAIMS ON PUBLIC NON-FINANCIAL CORPORATIONS (PNFC2) EC$M 506.65 513.30 495.71 534.30 572.46
Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 506.06 512.71 495.12 533.71 571.87
Investments EC$M 0.59 0.59 0.59 0.59 0.59
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Settlement Accounts Receivable EC$M 0.00 0.00 0.00 0.00 0.00
CLAIMS ON PRIVATE SECTOR EC$M 11,983.59 12,079.48 12,135.50 12,176.81 12,304.02
Households Credit EC$M 7,667.63 7,712.01 7,731.75 7,767.62 7,757.22
Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 7,667.55 7,711.94 7,731.68 7,767.56 7,757.16
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances EC$M 0.00 0.00 0.00 0.00 0.00
Settlement Account Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Central Bank Credit EC$M 0.08 0.07 0.07 0.06 0.05
Non Profit Institutions Serving Households (NPISHs) Credit EC$M 22.41 22.28 22.30 22.40 21.47
Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 22.41 22.28 22.30 22.40 21.47
Investments EC$M 0.00 0.00 0.00 0.00 0.00
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances EC$M 0.00 0.00 0.00 0.00 0.00
Settlement Account Receivable EC$M 0.00 0.00 0.00 0.00 0.00
Other Nonfinancial Corporations (Business) Credit EC$M 4,293.54 4,345.19 4,381.45 4,386.79 4,525.33
At the Commercial Banks EC$M 4,293.52 4,345.17 4,381.43 4,386.77 4,525.31
Loans and Advances, Overdrafts, Repos, Bills Discounted and Credit Cards EC$M 4,199.12 4,250.14 4,284.34 4,289.77 4,423.78
Investments EC$M 93.02 93.05 95.12 94.62 100.12
Financial Derivatives EC$M 0.00 0.00 0.00 0.00 0.00
Trade Credit and Advances EC$M 0.51 0.86 0.82 1.27 0.63
Settlement Account Receivable EC$M 0.86 1.11 1.16 1.11 0.79
At Central Bank EC$M 0.02 0.02 0.02 0.02 0.02
Other Items (Net) EC$M -4,064.22 -4,087.50 -4,161.73 -4,217.92 -4,405.09
MONETARY LIABILITIES (M2) EC$M 20,711.76 20,669.60 20,801.36 20,932.54 20,805.20
MONEY SUPPLY (M1) EC$M 7,499.90 7,486.68 7,510.21 7,694.41 7,630.16
Currency with the Public EC$M 1,288.11 1,287.30 1,283.55 1,298.70 1,281.94
Currency in Circulation EC$M 1,582.80 1,576.84 1,606.58 1,597.20 1,577.62
Currency in Circulation (ECCB) EC$M 1,580.24 1,574.28 1,604.02 1,594.63 1,575.05
Currency in Circulation (BCCB) EC$M 2.56 2.56 2.56 2.56 2.56
less Cash at Commercial Banks EC$M 294.70 289.54 323.03 298.50 295.68
Transferable Deposits (EC$) EC$M 6,211.79 6,199.37 6,226.66 6,395.71 6,348.21
Other Financial Corporations Transferable Deposits EC$ EC$M 409.89 441.34 410.35 428.67 394.48
At Commercial Banks EC$M 381.02 401.30 387.87 391.51 374.87
At Central Bank EC$M 28.87 40.04 22.49 37.16 19.61
Public Financial Corporations Transferable Deposits EC$ EC$M 46.42 38.23 40.70 44.17 50.67
At Commercial Banks EC$M 46.35 38.16 40.66 44.13 50.62
At Central Bank EC$M 0.08 0.08 0.04 0.04 0.05
Public Nonfinancial Corporations Transferable Deposits EC$ EC$M 463.14 447.98 495.18 522.88 502.05
At Commercial Banks EC$M 463.11 447.96 495.15 522.86 502.02
At Central Bank EC$M 0.02 0.02 0.03 0.03 0.03
Private Sector Demand Deposits and EC Cheques and Drafts Issued EC$ EC$M 5,292.35 5,271.81 5,280.42 5,399.98 5,401.01
Households EC$M 2,344.52 2,427.06 2,418.47 2,439.68 2,462.02
Non-Profit Institutions Serving Households (NPISH) EC$M 98.98 93.84 95.02 115.24 107.11
Other Nonfinancial Corporations EC$M 2,848.85 2,750.91 2,766.94 2,845.06 2,831.89
At Commercial Banks EC$M 2,848.83 2,750.89 2,766.92 2,845.04 2,831.86
At Central Bank EC$M 0.02 0.02 0.02 0.02 0.02
QUASI MONEY EC$M 13,211.86 13,182.92 13,291.15 13,238.13 13,175.04
Other Deposits (EC$) EC$M 9,618.39 9,659.47 9,656.45 9,640.30 9,642.97
Other Financial Corporations EC Dollar Deposits EC$M 449.45 446.78 447.13 421.10 445.46
Savings Deposits EC$M 40.23 36.10 33.41 7.78 32.63
Fixed-Time-Non-Negotiable CDs EC$M 409.22 410.68 413.73 413.32 412.83
Negotiable CDs EC$M 0.00 0.00 0.00 0.00 0.00
Public Financial Corporations EC Dollar Deposits EC$M 78.78 96.42 98.10 87.71 89.17
At Commercial Banks EC$M 78.78 96.42 98.10 87.71 89.17
Savings Deposits EC$M 45.12 57.74 59.78 60.18 61.51
Fixed-Time-Non-Negotiable CDs EC$M 33.65 38.68 38.31 27.53 27.65
Negotiable CDs EC$M 0.00 0.00 0.00 0.00 0.00
At Central Bank EC$M 0.00 0.00 0.00 0.00 0.00
Public Nonfinancial Corporations Group 2 (PNFC2) EC Dollar Deposits EC$M 191.35 181.05 170.51 170.58 171.70
Savings Deposits EC$M 65.83 54.44 54.94 55.68 55.66
Fixed-Time-Non-Negotiable CDs EC$M 125.52 126.61 115.58 114.90 116.04
Negotiable CDs EC$M 0.00 0.00 0.00 0.00 0.00
Private Sector Deposits EC$M 8,898.81 8,935.22 8,940.71 8,960.91 8,936.65
Households Savings Deposits EC$M 7,719.33 7,764.18 7,758.18 7,804.39 7,791.74
Non-Profit Institutions Serving Households (NPISH) Savings Deposits EC$M 28.59 28.82 27.87 28.23 28.03
Other Nonfinancial Corporations Savings Deposits EC$M 212.33 206.37 218.63 211.37 209.90
Households Fixed-Time-Non-Negotiable CDs EC$M 665.50 662.73 658.13 663.91 656.26
Non-Profit Institutions Serving Households (NPISH) Fixed-Time-Non-Negotiable CDs EC$M 8.02 7.97 7.99 7.98 7.94
Other Nonfinancial Corporations Fixed-Time-Non-Negotiable CDs EC$M 265.04 265.17 269.91 245.04 242.77
Foreign Currency Deposits EC$M 3,593.48 3,523.45 3,634.70 3,597.83 3,532.07
Households EC$M 1,048.72 1,038.20 1,050.46 1,044.98 1,021.11
Other Nonfinancial Corporations EC$M 2,068.19 1,981.83 2,009.67 1,957.53 1,929.05
Other Financial Corporations EC$M 77.03 72.20 111.98 106.85 79.99
Non-Profit Institutions Serving Households (NPISH) EC$M 33.86 32.49 32.38 30.46 30.94
Public Financial Corporations EC$M 14.80 17.54 11.23 11.08 11.78
Public Nonfinancial Corporations Group 2 (PNFC2) EC$M 350.88 381.19 418.98 446.94 459.22
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