Definition: Short-term securities other than shares, excluding financial derivatives

ESA 1995

The sub-position short-term securities other than shares excluding financial derivatives consists of all transactions in short-term securities other than shares excluding financial derivatives that is securities other than shares with a short-term original maturity except financial derivatives (§ 5.56).

Securities other than shares, whose original maturity is normally one year or less and in exceptional cases two years at the maximum, except financial derivatives (Annex 7.1 - Definition of each asset category).
Source:
Eurostat, "European System of Accounts - ESA 1995", Office for Official Publications of the European Communities, Luxembourg, 1996
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