European Central Bank — Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)
Official time series dataset from the European Central Bank Data Portal presenting the Survey on Credit Terms and Conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD). Data are published as the SESFOD dataflow via the SDMX 2.1 REST API, with a single endpoint supporting XML (SDMX-ML), CSV and JSON formats, and allowing extraction of specific series using key paths and startPeriod, endPeriod or lastNObservations filters. The same series can also be browsed and charted interactively on the ECB Data Portal, making the dataset useful for monitoring credit conditions and counterparty terms in euro-area financial markets.Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD) — official time series from the European Central Bank Data Portal, published as the SESFOD dataflow over SDMX 2.1 REST. One endpoint serves XML (SDMX-ML), CSV (?format=csvdata) and JSON (?format=jsondata); extract exactly the series you need with a key path and startPeriod / endPeriod / lastNObservations filters. Browse and chart the same series on the ECB Data Portal.
Trust score
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Data schema (27 fields)
Click a field to see example values.
| Field | Type | Description |
|---|---|---|
| FREQFrequency | dimension | Frequency of the observation, e.g. quarterly.1 codes (e.g. Quarterly) |
| REF_AREAReference area | dimension | Reference geographic area covered, e.g. euro area.1 codes (e.g. Euro area (Member States and Institutions of the Euro Area) changing composition) |
| SECTION | dimension | Survey section, such as general credit terms or derivatives.3 codes (e.g. General Credit Items, Non-centrally cleared OTC derivatives, Securities financing) |
| SUBSECTION | dimension | Survey subsection specifying the topic grouping of questions.11 codes (e.g. Realised and expected changes in price and non-price credit terms, Reasons for changes in price and non-price credit terms, Resources and attention to the management of concentrated credit exposures) |
| QUESTION_TOPICQuestion topic for SESFOD | dimension | Topic of the survey question being reported.28 codes (e.g. Changes, Expected changes, B. Possible reasons for easing - Top reason) |
| QUESTION_TOPIC_DETAILDetailed question topic for SESFOD | dimension | Further detail on the survey question topic.25 codes (e.g. Non-price terms, Overall, Price terms) |
| COUNTERPARTY_TYPECounter part type for SESFOD | dimension | Type of counterparty the survey response relates to.9 codes (e.g. All counterparties, Banks and dealers, Hedge funds) |
| ASSET_INSTR_TYPEAsses or instrument type for SESFOD | dimension | Asset or financial instrument type referenced by the response.19 codes (e.g. None, Credit referencing corporates, Commodity) |
| SESFOD_ANSWERAnswer in SESFOD | dimension | Specific survey answer category, e.g. eased considerably.33 codes (e.g. Total responses, Eased considerably, Eased somewhat) |
| ANSWER_TYPEAnswer type for SESFOD | dimension | Indicates whether the value is a number or percentage of respondents.2 codes (e.g. Number of respondents, Percentage of respondents) |
| TIME_PERIODTime period or range | time | Time period of the observation.Time dimension — filter with startPeriod / endPeriod query params. |
| OBS_VALUEObservation value | number | Numeric value of the observation.The observed numeric value for each cell. |
| TIME_FORMATTime format code | attribute | Code indicating the format of the time period.Code indicating the format of the time period. |
| BREAKS | attribute | Notes on structural breaks in the time series.Notes on structural breaks in the time series. |
| COLLECTIONCollection indicator | attribute | Indicator describing how the data was collected.Indicator describing how the data was collected. |
| COMPILING_ORGCompiling organisation | attribute | Organisation responsible for compiling the data.Organisation responsible for compiling the data. |
| DISS_ORGData dissemination organisation | attribute | Organisation responsible for disseminating the data.Organisation responsible for disseminating the data. |
| COMPILATION | attribute | Information on how the data was compiled.Information on how the data was compiled. |
| DECIMALS | attribute | Number of decimal places in the observation value.Number of decimal places in the observation value. |
| TITLE | attribute | Title describing the data series.Title describing the data series. |
| TITLE_COMPLTitle complement | attribute | Additional descriptive text complementing the series title.Additional descriptive text complementing the series title. |
| UNIT | attribute | Unit of measurement for the observation value.Unit of measurement for the observation value. |
| UNIT_MULTUnit multiplier | attribute | Power-of-ten multiplier applied to the observation value.Power-of-ten multiplier applied to the observation value. |
| OBS_STATUSObservation status | attribute | Status code indicating quality or nature of the observation.Status code indicating quality or nature of the observation. |
| CONF_STATUSConfidentiality status | attribute | Confidentiality status of the observation.Confidentiality status of the observation. |
| PRE_BREAK_VALUE | attribute | Observation value prior to a structural break.Observation value prior to a structural break. |
| COMMENT_OBSComments to the observation value | attribute | Free-text comment attached to the observation.Free-text comment attached to the observation. |
Schema captured from sdmx 2 days ago.
Query the data
Pick columns and a sort, then fetch a live preview straight from the source. Choose an API-filterable column (marked ▾) under “Where” to pick from its list of values.
Sample data (5 records)
Record 1FREQ: Q · SECTION: GCT
{
"FREQ": "Q",
"SECTION": "GCT",
"REF_AREA": "U2",
"OBS_VALUE": 24,
"OBS_STATUS": "A",
"SUBSECTION": "G1",
"ANSWER_TYPE": "NR",
"COMMENT_OBS": null,
"CONF_STATUS": "F",
"TIME_PERIOD": "2025-Q4",
"SESFOD_ANSWER": "ALL",
"QUESTION_TOPIC": "C",
"PRE_BREAK_VALUE": null,
"ASSET_INSTR_TYPE": "Z",
"COUNTERPARTY_TYPE": "ALL",
"QUESTION_TOPIC_DETAIL": "NP"
}Record 2FREQ: Q · SECTION: GCT
{
"FREQ": "Q",
"SECTION": "GCT",
"REF_AREA": "U2",
"OBS_VALUE": 100,
"OBS_STATUS": "A",
"SUBSECTION": "G1",
"ANSWER_TYPE": "PCT",
"COMMENT_OBS": null,
"CONF_STATUS": "F",
"TIME_PERIOD": "2025-Q4",
"SESFOD_ANSWER": "ALL",
"QUESTION_TOPIC": "C",
"PRE_BREAK_VALUE": null,
"ASSET_INSTR_TYPE": "Z",
"COUNTERPARTY_TYPE": "ALL",
"QUESTION_TOPIC_DETAIL": "NP"
}Record 3FREQ: Q · SECTION: GCT
{
"FREQ": "Q",
"SECTION": "GCT",
"REF_AREA": "U2",
"OBS_VALUE": 0,
"OBS_STATUS": "A",
"SUBSECTION": "G1",
"ANSWER_TYPE": "NR",
"COMMENT_OBS": null,
"CONF_STATUS": "F",
"TIME_PERIOD": "2025-Q4",
"SESFOD_ANSWER": "EC",
"QUESTION_TOPIC": "C",
"PRE_BREAK_VALUE": null,
"ASSET_INSTR_TYPE": "Z",
"COUNTERPARTY_TYPE": "ALL",
"QUESTION_TOPIC_DETAIL": "NP"
}Record 4FREQ: Q · SECTION: GCT
{
"FREQ": "Q",
"SECTION": "GCT",
"REF_AREA": "U2",
"OBS_VALUE": 0,
"OBS_STATUS": "A",
"SUBSECTION": "G1",
"ANSWER_TYPE": "PCT",
"COMMENT_OBS": null,
"CONF_STATUS": "F",
"TIME_PERIOD": "2025-Q4",
"SESFOD_ANSWER": "EC",
"QUESTION_TOPIC": "C",
"PRE_BREAK_VALUE": null,
"ASSET_INSTR_TYPE": "Z",
"COUNTERPARTY_TYPE": "ALL",
"QUESTION_TOPIC_DETAIL": "NP"
}Record 5FREQ: Q · SECTION: GCT
{
"FREQ": "Q",
"SECTION": "GCT",
"REF_AREA": "U2",
"OBS_VALUE": 0,
"OBS_STATUS": "A",
"SUBSECTION": "G1",
"ANSWER_TYPE": "NR",
"COMMENT_OBS": null,
"CONF_STATUS": "F",
"TIME_PERIOD": "2025-Q4",
"SESFOD_ANSWER": "ES",
"QUESTION_TOPIC": "C",
"PRE_BREAK_VALUE": null,
"ASSET_INSTR_TYPE": "Z",
"COUNTERPARTY_TYPE": "ALL",
"QUESTION_TOPIC_DETAIL": "NP"
}Live sample captured at profiling time — values may have changed upstream.
Verification Status
Using the API
Query examples
curl -s 'https://data-api.ecb.europa.eu/service/dataflow/ECB' -H 'Accept: application/vnd.sdmx.structure+xml;version=2.1'All dataflows (datasets) published by this agency, as SDMX-ML.
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