Quarterly Review

Publications by quarter

BIS Quarterly Review, March 2008

3 March 2008

Full text and statistical tables:

 

Text by chapter:

International banking and financial market developments

1.Overview: markets reprice to reflect risks to growth
 Full text (PDF, 15 pages, 231 kb)

2.

Highlights of international banking and financial market activity

 Full text (PDF, 13 pages, 216 kb)

 

Special features

   Monetary operations and the financial turmoil

by Claudio Borio and William Nelson
 

 Abstract 

 Full text (PDF, 16 pages, 159 kb)

   What drives interbank rates? Evidence from the Libor panel

by François-Louis Michaud and Christian Upper

 

 Abstract 

 Full text (PDF, 12 pages, 240 kb)

   Interbank rate fixings during the recent turmoil

by Jacob Gyntelberg and Philip Wooldridge

 

 Abstract 

 Full text (PDF, 14 pages, 178 kb)

   The spillover of money market turbulence to FX swap and cross-currency swap markets

by Naohiko Baba, Frank Packer and Teppei Nagano

 

 Abstract 

 Full text (PDF, 14 pages, 187 kb)

   Credit fundamentals, ratings and value-at-risk: CDOs versus corporate exposures

by Ingo Fender, Nikola Tarashev and Haibin Zhu

 

 Abstract 

 Full text (PDF, 15 pages, 111 kb)

Recent initiatives

   

Recent initiatives by the Basel-based committees and groups

   Full text (PDF, 4 pages, 123 kb)