November 2005
BIS Review No.76 & Press Release
http://www.bis.org/review/index.htm
Please find BIS Review No 76 attached as an Adobe Acrobat (PDF) file.
Alternatively, you can access this BIS Review on the:
Bank for International Settlements' website by clicking on:
http://www.bis.org/review/index.htm
What's included?
BIS Review No 76 (24 November 2005)
Klaus Liebscher: Financial deregulation in the EU – chances and challenges for financial stability
Jean-Claude Trichet: Developing the work and tools of CEIOPS: the views of the ECB
T T Mboweni: The South African Reserve Bank and gold; recent economic developments in South Africa
Zhou Xiaochuan: Financial cooperation between China and Europe
Zhou Xiaochuan: Learn lessons from the past for the benefit of future endeavour
Shri V Leeladhar: Indian banking – the challenges ahead
If you would like to be taken off the list to receive BIS Reviews,
or if you would like to add or change an address, please e-mail
BIS Review No 76 available
Attachment: bisrev76.pdf (0.37 MB)Press, Service Press.Service@bis.org
Thursday, November 24, 2005
http://www.bis.org/press/p051117.htm
Press, Service Press.Service@bis.org
The latest semiannual survey of over-the-counter derivatives markets
has been released by the Bank for International Settlements today.
See the press release on the BIS website for details.
Regards,
BIS Press & Communications
OTC derivatives market activity in the first half of 200517 November 2005
Activity in the over-the-counter derivatives markets continued to grow during the first half of 2005, albeit at a somewhat slower pace than in the preceding six months. According to the latest semiannual survey released by the BIS, notional amounts outstanding rose by 7% to $270 trillion at the end of June, after a 14% increase during the second half of 2004. Gross market values, which measure the cost of replacing all contracts and thus represent a better measure of risk at a given point in time than notional amounts, rose by 16% to $11 trillion.
The following trends are visible:
A sharp rise in the notional amounts of equity and commodity contracts
The growing share of dollar-denominated interest rate products
The increasing sophistication of FX derivatives on the Mexican peso
Credit default swaps weather sell-off in credit markets
Little change in market concentration
Comprehensive explanatory notes are included in the statistical release,
defining the coverage of and terms used to present the statistics.
Any queries arising from these statistics can be directed to:
Paola Gallardo tel: +41 61 280 8445, e-mail: paola.gallardo@bis.org
Christian Upper tel: +41 61 280 8416, e-mail: christian.upper@bis.org
The BIS expects to release the OTC derivatives statistics
for the second half of 2005 no later than 31 May 2006.
Press release:
OTC derivatives market activity in the first half of 2005
Press, Service Press.Service@bis.org
Thursday, November 17, 2005