BIS Quarterly Review, June 2009

Note from the Editorial Committee

The Editorial Committee is introducing a modified format for the Statistical Annex in the print version of the BIS Quarterly Review. Over time this Annex, which presents data largely collected by central banks under the aegis of the Committee on the Global Financial System (CGFS), had grown to more than 100 pages of tables, representing about half the size of each issue of the Quarterly.

Beginning with this issue, we are ceasing publication of the detailed tables in the Statistical Annex of the print version. Instead, we are providing a set of concise tables summarising the most recent data at a fairly aggregate level along with graphs displaying their evolution over the past four years. The web version of the Quarterly will also continue to feature the full set of detailed tables and access to the underlying data. 

 

Full text and statistical tables:

• Full text (PDF, 74 pages, 1406 kb)

• Statistical annex

  • Summary tables (PDF, 12 pages, 383 kb)
  • Detailed tables (PDF, 112 pages, 862 kb)

 

Text by chapter:

International banking and financial market developments

1.	Overview: risk appetite rebounds on stabilisation hopes
	Full text (PDF, 18 pages, 691 kb) PDFs also available in French, German, Italian, Spanish   includes box: Unconventional monetary policy in the current crisis Box also available in French, German, Italian, Spanish
2.	Highlights of international banking and financial market activity
	Full text (PDF, 15 pages, 361 kb) PDFs also available in French, German, Italian, Spanish   includes box: Capital flows via banks reverse direction during the crisis Box also available in French, German, Italian, Spanish

 

Special features
	Government debt management at low interest rates by Robert N McCauley and Kazuo Ueda
	Abstract (also available in French, German, Italian, Spanish)  Full text (PDF, 17 pages, 391 kb) includes boxes: Bond buying and debt management: a quantitative view, Operation Twist revisited and Japanese 15-year floating rate notes
	The global crisis and Latin America: financial impact and policy responses by Alejandro Jara, Ramon Moreno and Camilo E Tovar
	Abstract (also available in French, German, Italian, Spanish)  Full text (PDF, 16 pages, 515 kb) (also in Spanish) includes boxes: Derivatives-related exposures in the corporate sector: the case of Mexico and Brazil (also in Spanish) and Performance of domestic bond markets during the current crisis (also in Spanish)