BIS Quarterly Review, September 2011

The BIS Quarterly Review for September 2011 shows how a weaker outlook for the global economy drove down the prices of risky assets and fuelled concerns about sovereign risk. 

Statistical tables:

• Summary tables (PDF, 25 pages, 251 kb)
• Detailed tables (PDF, 154 pages, 983 kb)

International banking and financial market developments

	Title	Languages
	Global growth and sovereign debt concerns drive markets
	Abstract	EN, DE, ES, FR, IT
	Full text	EN, DE, ES, FR, IT
	Highlights of the BIS international statistics
	Abstract	EN, DE, ES, FR, IT
	Full text	EN, DE, ES, FR, IT

Special features

	Title	Languages
	The trade balance and the real exchange rate by Enisse Kharroubi
	Abstract	EN, DE, ES, FR, IT
	Full text	EN
	Global credit and domestic credit booms by Claudio Borio, Robert N McCauley and Patrick McGuire
	Abstract	EN, DE, ES, FR, IT
	Full text	EN
	The rise of sovereign credit risk: implications for financial stability by Michael Davies and Tim Ng
	Abstract	EN, DE, ES, FR, IT
	Full text	EN

Quarterly Review boxes

	Title	Languages
	Measuring counterparty credit exposures in the OTC derivatives market by Nicholas Vause	EN
	Constructing currency-specific and country-specific credit aggregates	EN
	Sovereign debt management and monetary conditions	EN
	Exploring the relationship between "guarantees extended" and CDS sold by Stefan Avdjiev	EN
	Have lenders become complacent in the market for syndicated loans? Evidence from covenants by Blaise Gadanecz	EN