BIS Quarterly Review, June 2008

9 June 2008

Full text and statistical tables:

 

 

Text by chapter:

International banking and financial market developments

1. Overview: a cautious return of risk tolerance
  Full text (PDF, 16 pages, 241 kb)
includes box: Estimating valuation losses on subprime MBS with the ABX HE index – some potential pitfalls

PDFs also available in French, German, Italian, Spanish

2.

Highlights of international banking and financial market activity

  Full text (PDF, 13 pages, 113 kb)
includes box: An update on local currency debt securities markets in emerging market economies

PDFs also available in French, German, Italian, Spanish

 

Special features

    International banking activity amidst the turmoil
by Patrick McGuire and Goetz von Peter
 

 Abstract  (also available in French, German, Italian, Spanish)
 Full text (PDF, 13 pages, 118 kb)

    Managing international reserves: how does diversification affect financial costs?
by Srichander Ramaswamy
 

 Abstract  (also available in French, German, Italian, Spanish)
 Full text (PDF, 11 pages, 79 kb)

   Credit derivatives and structured credit: the nascent markets of Asia and the Pacific
by Eli M Remolona and Ilhyock Shim
 

 Abstract  (also available in French, German, Italian, Spanish)
 Full text (PDF, 9 pages, 78 kb)

    Asian banks and the international interbank market
by Robert N McCauley and Jens Zukunft
 

 Abstract  (also available in French, German, Italian, Spanish)
 Full text (PDF, 13 pages, 186 kb)
includes box: The Asian financial crisis: international liquidity lessons

Recent initiatives

   

Recent initiatives by the Basel-based committees and groups

    Full text (PDF, 9 pages, 75 kb)