The Sterling Money Market (SMM) data collection comprises three parts: the daily Form SMMD, the semi-annual Form SMMH and the annual Form SMMA, summarised below.
The primary component of the collection is Form SMMD. This is a daily, transaction-level, collection, covering the most significant segments of the sterling money markets.
In order to ensure that reporting burdens are proportionate to the levels of activity in sterling money markets Form SMMA, an annual return, is used to identify who are the most active participants in the key money market segments, and thus required to report Form SMMD.
Form SMMA, an annual return, is used to identify who are the most active participants in the key money market segments, and thus required to report Form SMMD.
Form SMMH, a semi-annual return, enables the Bank to monitor activity in those segments of the sterling money markets not covered by Form SMMD; to the extent an increase in use of a particular segment is observed via Form SMMH.
For queries, email SMMReporting@bankofengland.co.uk.