Full text and statistical tables :
Statistical annex (PDF, 115 pages, 1292 kb)
Text by chapter:
International banking and financial market developments
2.
Highlights of international banking and financial market activity
Special features
Recent initiatives
Recent initiatives by the Basel-based
committees and groups
1.
Overview: markets adjust to cyclical downturn
Full text (PDF, 12 pages, 330 kb)
PDFs also available in French, German, Italian, Spanish
Full text (PDF, 9 pages, 87 kb)
PDFs also available in French, German, Italian, Spanish
The inflation risk premium in the term structure of interest rates
by Peter Hördahl
Abstract
(also available in French, German, Italian, Spanish)
Full text (PDF, 16 pages, 145 kb)
The development of money markets in Asia
by Mico Loretan and Philip Wooldridge
Abstract
(also available in French, German, Italian, Spanish)
Full text (PDF, 13 pages, 124 kb)
Reducing foreign exchange settlement risk
by Robert Lindley
Abstract
(also available in French, German, Italian, Spanish)
Full text (PDF, 13 pages, 125 kb)
includes boxes: How FX settlement risk arises and How CLS works – a simplified example
The ABX: how do the markets price subprime mortgage risk?
by Ingo Fender and Martin Scheicher
Abstract
(also available in French, German, Italian, Spanish)
Full text (PDF, 15 pages, 182 kb)
includes box: ABX pricing mechanics
Full text (PDF, 10 pages, 89 kb)