BIS Quarterly Review, June 2004

14 June 2004

Full text and statistical tables :

• Full text   Read   (PDF, 102 pages, 556 kb)
• Statistical annex   Read   (PDF, 111 pages, 735 kb)

Text by chapter:

International banking and financial market developments:

1. Overview: the prospect of rate increases shakes markets Read  (PDF, 12 pages, 105 kb)
2. The international banking market Read  (PDF, 16 pages, 108 kb)
3. The international debt securities market Read  (PDF, 10 pages, 50 kb)
4. Derivatives markets Read  (PDF, 16 pages, 119 kb)

Special features
	The price impact of rating announcements: evidence from the credit default swap market Abstract | Full Text (PDF, 12 pages, 59 kb)
	Asian local currency bond markets Abstract | Full Text (PDF, 14 pages, 69 kb)
	The markets for non-deliverable forwards in Asian currencies Abstract | Full Text (PDF, 14 pages, 76 kb)
	Recent initiatives by Basel-based committees and the Financial Stability Forum Read (PDF, 4 pages, 28 kb)