Quarterly Review, December 2003

8 December 2003

Full text and statistical tables:

• Full text   Read   (PDF, 108 pages, 650 kb)
• Statistical annex   Read   (PDF, 111 pages, 1320 kb)

Text by chapter:

International banking and financial market developments:

1. Overview: signs of growth boost confidence Read  (PDF, 12 pages, 129 kb)
2. The international banking market Read  (PDF, 15 pages, 112 kb)
3. The international debt securities market Read  (PDF, 12 pages, 75 kb)
4. Derivatives markets Read  (PDF, 12 pages, 89 kb)

Special features

• The credit spread puzzle   Read   (PDF, 14 pages, 73 kb)
• Common factors in emerging market spreads  Read  (PDF, 14 pages, 87 kb)
• Sovereign credit default swaps   Read  (PDF, 10 pages, 62 kb)
• Unifying government bond markets in East Asia  Read  (PDF, 10 pages, 59 kb)

Recent initiatives by Basel-based committees and the Financial Stability Forum Read  (PDF, 5 pages, 34 kb)