BIS Quarterly Review, September 2008

The BIS Quarterly Review for September 2008 is divided into two parts. The first presents an overview of recent developments in financial markets, before turning in more detail to highlights from the latest BIS data on international banking and financial activity. The second part presents four special feature articles: the first on the inflation risk premium in the term structure of interest rates; another on the development of money markets in Asia; a third on foreign exchange settlement risk; and a fourth on the determinants of the returns of ABX indices, an important barometer of subprime mortgage market conditions.

Statistical annex  (PDF, 115 pages, 1292 kb)