The evolving instrument composition of official holdings of US dollars

December 2007

Abstract

The BIS, in cooperation with central banks and monetary authorities worldwide, compiles and disseminates several datasets on activity in international banking and financial markets. The latest available data on international debt securities and exchange-traded derivatives refer to the third quarter of 2007, thus covering some of the recent turbulence in financial markets. The discussion on over-the-counter derivatives refers to the first half of 2007, and that on international banking markets to the second quarter.