Glossary

Updated 1 April 2019

This glossary offers definitions of technical terms commonly used in the BIS Quarterly Review.

The glossary is also available as a PDF file in ChineseFrench, German, Italian and Spanish.

market value

The price at which debt securities are bought or sold in transactions between willing parties, excluding commissions, fees, and taxes but including accrued interest.

Updated: 21 Aug 2018
market value

The price at which debt securities are bought or sold in transactions between willing parties, excluding commissions, fees, and taxes but including accrued interest.

Updated: 21 Aug 2018