Definition: Withdrawals of equity from Central Bank

Category: National accounts

The classification F5 also applies to some transactions between government and central banks.  This is because central bank assets are treated in national accounts as public property, so for example a fall in the central bank's gold and foreign exchange reserves would reduce the value of government's equity in the central bank.
Source:
Eurostat, "ESA 95 manual on government deficit and debt, 2002 Edition", Office for Official Publications of the European Communities, Luxembourg, 2002, Chapter II.1
Created:
Updated: