M E T A D A T A
BASIC INFORMATION
1
Data Category
2
Statistics
Disseminator
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Address
4
Contact
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6
7
Telephone
Facsimile
Email
: Open Market Operation
Directorate of Economic and Monetary
: Statistics
(DSM) Bank Indonesia
: Jl. M.H. Thamrin No. 2
Jakarta 10350
: Settlement, Information and
Administration Division
Directorate of Monetary Management
: 62-21-3818361, 62-21-3817810
: 62-21-2310171
: smkf@bi.go.id
DATA DEFINITION




Open Market Operation (OMO) is transactions in money
markets conducted by BI with Banks and/or other parties in
terms of Monetary Operation.
Bank Indonesia Certificates (SBI) is securities in Rupiah
currency issued by Bank Indonesia as the acknowledgement
of short-term indebtedness.
Repurchase Agreement (Repo) is transaction on the sale of
Securities by OMO Participants to BI, with the re-purchase
obligation by OMO Participants according to the agreed
upon price and period.
Bank Indonesia Sharia Certificate (SBIS) is a short-term
rupiah denominated securities based on sharia principles
issued by BI.
Before July 2010 :

SWBI is the evidence of Wadiah Depositing Fund. Wadiah
Depositing Fund is depositing fund in short-time period
which is using Wadiah Principle provided by Bank Indonesia
for Sharia Bank or Sharia Business Unit (UUS). Wadiah is
an agreement of depositing fund between the owners of
funds with the party that receives the deposit which is
trusted to maintain the fund. Since April 2008, SWBI no
more exist and have been changed to Sharia Certificate of
Bank Indonesia (SBIS)
DATA COVERAGE
Dec.2010
117
Coverage :
The OMO outstanding and money market transactions consist of:
 SBI (Issuance, Redemption, Outstanding in the period of
1,3 and 6 month)
 Repurchase
Agreement
SBI
(Issuance,
Redemption,
Outstanding)
 Bank Indonesia Sharia Certificate (SBIS) (Issuance,
Redemption, Outstanding)
Unit :
Billion and Thousand
Currency :
Rupiah
PUBLICATION PERIODICITY
Weekly
TIMELINESS
2 (two) weeks after the end of reference period
ADVANCE RELEASE CALENDAR (ARC)
ARC (attached) will disclose every year by December.
SOURCE OF DATA
Bank Indonesia (BI) : LBU, LHBU, BI-SSSS
METHODOLOGY
The data recording process are :

Recording process
- The data of SBI, SBI Repo, and SBIS are obtained from
BI-SSSS Information System.
- All data entered to the portal can be accessed
directly by the users and BI through EDW, which is
including the aggregated data, the detailed data by
each Banks and inter-bank transaction data.

Calculation Method
- SBI
SBI is Issued and traded with discount system, SBI cash
value is calculated based on true discount with formula
as follows:
Dec.2010
118
Cash Value
=
Nominal Value x 360
360 + (Discount Rate x Time Period)
Discount Value = Nominal Value – Cash Value
The outstanding of SBI is monthly total nominal value
of SBI.
Repo
The repo transaction is conducted with sell and buy
back principle. It is conducted through an auction
mechanism with a fixed or variable rate tender method.
The outstanding of Repo is monthly total nominal value
of Repo.
-
- SBI Repo
The SBI repo transaction is conducted with sell and buy
back principle.
The outstanding of SBI Repo is monthly total nominal
value of SBI Repo.
- SBIS
The outstanding of SBIS is monthly total nominal value
of SBIS.
DATA INTEGRITY
The data are final when first disseminated. Changes in
methodology are noted along the data with the new methodology
published for the first time.
PUBLIC ACCESS TO DATA
Data is disseminated through:

BI’ Website
http://www.bi.go.id/web/id/Statistik/Metadata/SEMI/

Indonesian Monetary Economic Statistics
Dec.2010
119