Finance Type

DAC/CRS transaction classification used to distinguish financial instruments, e.g. grants or loans.

External URL: http://www.oecd.org/dac/stats/dacandcrscodelists.htm

This is a Non-Embedded codelist.

Codes

Code Name Description Category URL
110 Standard grant Grants are transfers in cash or in kind for which no legal debt is incurred by the recipient. 100  
111 Subsidies to national private investors   100  
210 Interest subsidy A payment to soften the terms of private export credits, or loans or credits by the banking sector. 100  
211 Interest subsidy to national private exporters   200  
310 Capital subscription on deposit basis Payments to multilateral agencies in the form of notes and similar instruments, unconditionally encashable at sight by the recipient institutions. 100  
311 Capital subscription on encashment basis   100  
410 Aid loan excluding debt reorganisation   400  
411 Investment-related loan to developing countries   400  
412 Loan in a joint venture with the recipient   400  
413 Loan to national private investor   400  
414 Loan to national private exporter   400  
421 Standard loan Transfers in cash or in kind for which the recipient incurs legal debt (and the resulting claim is not intended to be traded). Since payment obligations on standard loan are senior obligations, i.e. creditors are entitled to receive payments against their claims before anyone else, they are also referred to as senior loans. 420  
422 Reimbursable grant A contribution provided to a recipient institution for investment purposes, with the expectation of long-term reflows at conditions specified in the financing agreement. The provider assumes the risk of total or partial failure of the investment; it can also decide if and when to reclaim its investment. 420  
423 Bonds Fixed-interest debt instruments, issued by governments, public utilities, banks or companies, tradable in financial markets. 420  
424 Asset-backed securities Securities whose value and income payments are derived from and backed by a specific pool of underlying assets. 420  
425 Other debt securities   420  
431 Subordinated loan A loan that, in the event of default, will only be repaid after all senior obligations have been satisfied. In compensation for the increased risk, mezzanine debt holders require a higher return for their investment than secured or more senior lenders. 430  
432 Preferred equity Equity that, in the event of default, will be repaid after all senior obligations and subordinated loans have been satisfied; and will be paid before common equity holders. It is a more expensive source of finance than senior debt, a less expensive source than equity. 430  
433 Other hybrid instruments Including convertible debt or equity. 430  
451 Non-banks guaranteed export credits   450  
452 Non-banks non-guaranteed portions of guaranteed export credits   450  
453 Bank export credits   450  
510 Common equity A share in the ownership of a corporation that gives the owner claims on the residual value of the corporation after creditors’ claims have been met. 500  
511 Acquisition of equity not part of joint venture in developing countries   500  
512 Other acquisition of equity   500  
520 Shares in collective investment vehicles Collective undertakings through which investors pool funds for investment in financial or nonfinancial assets or both. These vehicles issue shares (if a corporate structure is used) or units (if a trust structure is used). 500  
530 Reinvested earnings This item is only applicable to Foreign Direct Investment (FDI). Reinvested earnings on FDI consist of the retained earnings of a direct foreign investment enterprise which are treated as if they were distributed and remitted to foreign direct investors in proportion to their ownership of the equity of the enterprise and then reinvested by them in the enterprise. 500  
610 Debt forgiveness/conversion: ODA claims (P)   600  
611 Debt forgiveness/conversion: ODA claims (I)   600  
612 Debt forgiveness/conversion: OOF claims (P)   600  
613 Debt forgiveness/conversion: OOF claims (I)   600  
614 Debt forgiveness/conversion: Private claims (P)   600  
615 Debt forgiveness/conversion: Private claims (I)   600  
616 Debt forgiveness: OOF claims (DSR)   600  
617 Debt forgiveness: Private claims (DSR)   600  
618 Debt forgiveness: Other   600  
620 Debt rescheduling: ODA claims (P)   600  
621 Debt rescheduling: ODA claims (I)   600  
622 Debt rescheduling: OOF claims (P)   600  
623 Debt rescheduling: OOF claims (I)   600  
624 Debt rescheduling: Private claims (P)   600  
625 Debt rescheduling: Private claims (I)   600  
626 Debt rescheduling: OOF claims (DSR)   600  
627 Debt rescheduling: Private claims (DSR)   600  
630 Debt rescheduling: OOF claim (DSR – original loan principal)   600  
631 Debt rescheduling: OOF claim (DSR – original loan interest)   600  
632 Debt rescheduling: Private claim (DSR – original loan principal)   600  
633 Debt forgiveness/conversion: export credit claims (P)   600  
634 Debt forgiveness/conversion: export credit claims (I)   600  
635 Debt forgiveness: export credit claims (DSR)   600  
636 Debt rescheduling: export credit claims (P)   600  
637 Debt rescheduling: export credit claims (I)   600  
638 Debt rescheduling: export credit claims (DSR)   600  
639 Debt rescheduling: export credit claim (DSR – original loan principal)   600  
710 Foreign direct investment   700  
711 Other foreign direct investment, including reinvested earnings   700  
810 Bank bonds   800  
811 Non-bank bonds   800  
910 Other bank securities/claims   900  
911 Other non-bank securities/claims   900  
912 Securities and other instruments issued by multilateral agencies   900  
1100 Guarantees/insurance A guarantee refers to a risk-sharing agreement under which the guarantor agrees to pay part or the entire amount due on a loan, equity or other instrument to the lender/investor in the event of non-payment by the borrower or loss of value in case of investment. Other unfunded contingent liabilities refer to other instruments that do not constitute a flow as such but may be also collected in future. 1000  

Last updated on 2015-11-20