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Data Change: France - IIP for FDI in debt instruments
Monday, 22 Oct 2018 09:41 ET
By Jason Flynn
Summary
August 2018 -- For the international investment position report for France, re: foreign direct investment in debt instruments, the valuation method has been redefined by the source (three annual series 2006 to 2017, replaced from 2006).
Detail

The source has changed the valuation method used to report the international investment position. As a result, concurrent with dissemination of results for 2017, their unique database identifiers have changed (since they contain a segment that represents valuation). In a direct communication, the source explained:

The 3 data series mentioned are no longer supplied. But they are replaced by the data series below, present on Webstat (old » new):

  • BPM6.A.N.FR.W1.S1.S1.LE.A.FA.D.FL.T.EUR._T.V.N » BPM6.A.N.FR.W1.S1.S1.LE.A.FA.D.FL.T.EUR._T._X.N
  • BPM6.A.N.FR.W1.S1.S1.LE.N.FA.D.FL.T.EUR._T.V.N » BPM6.A.N.FR.W1.S1.S1.LE.L.FA.D.FL.T.EUR._T._X.N
  • BPM6.A.N.FR.W1.S1.S1.LE.L.FA.D.FL.T.EUR._T.V.N » BPM6.A.N.FR.W1.S1.S1.LE.N.FA.D.FL.T.EUR._T._X.N

The difference between these series comes from dimension "Valuation" where "_X" replaced "V". This change to the valuation methodology reflects a move away from using the book value of all assets, and a move towards a "mixed valuation" which is the combination of market value for listed assets and book value for unlisted assets.

In response, we have:

  1. Archived the predecessors (2006 to 2017) by marking metadata as [DISCONTINUED] and by segregating in the catalog.
  2. Created one-for-one replacements, with an unchanged start date.

The active series reside in the historical catalog (France » Trade » International Investment Position » BPM6 » Active) and predecessors under the associated "discontinued" node. They are (old » new):

  • IILDIDVBAUA.IFRA » IILDIDVXAUA.IFRA = International investment position: Direct investment - Debt instruments [FDI] - Mixed valuation; net acquisition of assets, (Mil. EUR)
  • IILDIDVBBUA.IFRA » IILDIDVXBUA.IFRA = Net assets less liabilities
  • IILDIDVBLUA.IFRA » IILDIDVXLUA.IFRA = Net incurrence of liabilities

Because catalog locations are subject to change, the upper-right search box on DataBuffet.com provides a "find in catalog" mode that accepts a mnemonic.

Other
Related ReleaseInternational Investment Position
SourceBank of France
FrequencyAnnual
GeographyFrance
Catalog
Upcoming
Release DateReference date
28 Jul 20242023