EXTERNAL FINANCING March 2014 Current Account Deficit and Capital - PowerPoint PPT Presentation

EXTERNAL FINANCING March 2014

Current Account Deficit and Capital Flows (billion dollars) 80 70 60 50 40 30 20 10 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Capital and Financial Account* Current Account Deficit (*) Excluding official reserves, currency and deposits of banks and including net errors and omissions 2 Source: CBRT

Capital and Financial Accounts* (billion dollars) 80 70 60 50 40 30 20 10 0 -10 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Equity Goverment Domestic Debt Securities Others (*) Excluding official reserves, currency and deposits of banks and including net errors and omissions 3 Source: CBRT

Capital and Financial Accounts* (billion dollars) June – December 2013 40 35 30 25 20 15 10 5 0 -5 Equity Goverment Domestic Others Total Debt Securities (*) Excluding official reserves, currency and deposits of banks and including net errors and omissions 4 Source: CBRT

Domestic Debt Securities (billion dollars) Non-residents' Holdings of Equity and Government Source: CBRT -2000 -1500 -1000 1000 1500 2000 -500 500 0 03-May-13 17-May-13 31-May-13 14-Jun-13 28-Jun-13 Equity 12-Jul-13 26-Jul-13 7-Aug-13 Goverment Domestic Debt Securities 23-Aug-13 6-Sep-13 20-Sep-13 4-Oct-13 14-Oct-13 1-Nov-13 15-Nov-13 29-Nov-13 13-Dec-13 Total 27-Dec-13 10-Jan-14 24-Jan-14 7-Feb-14 21-Feb-14 5

Non-residents' Holdings of Equity and Government Domestic Debt Securities (billion dollars) 24 20 16 12 8 4 0 -4 -8 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Equity Government Domestic Debt Securities 6 Source: CBRT

Foreign Direct Investment Inflows* (billion dollars) 20 16 12 8 4 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 (*) In Turkey, Equity Capital Inflows 7 Source: CBRT

General Government Capital Inflows (billion dollars) 14 12 10 8 6 4 2 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Eurobond Credits* (*) Long term drawings excluding IMF 8 Source: CBRT

Banking Sector Capital Inflows (billion dollars) 40 35 30 25 20 15 10 5 0 -5 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Eurobond Long Term Drawings Short Term (Net) 9 Source: CBRT

Banking Sector Long Term Debt Rollover Ratio (including eurobond) (percentage) 500 450 400 350 300 250 200 150 100 50 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 10 Source: CBRT

Non-Bank Private Sector Capital Inflows (billion dollars) 50 45 40 35 30 25 20 15 10 5 0 -5 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Eurobond Long Term Drawings Short Term (Net) 11 Source: CBRT

Non-Bank Private Sector Long Term Debt Rollover Ratio (including eurobond) (percentage) 250 200 150 100 50 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 12 Source: CBRT