Central banks

The German deficit dilemma

German municipalities are turning to the derivatives market to manage the interest rate risks on their massive deficits. Will these instruments relieve their problems or add to them? Rachel Wolcott investigates

BIS releases provisional international banking statistics

The BIS has released provisional data for the end of the fourth quarter of 2005 for both its locational and consolidated banking statistics. The locational statistics provide an insight into the aggregate international claims and liabilities of all banks…

QFCRA appoints governing board

The Qatar Financial Centre Regulatory Authority (QFCRA) today announced the appointment of its governing board. Jean-Francois Lepetit, Robert O’Sullivan, Brian Quinn and Andrew Sheng will support chairman and CEO Phillip Thorpe.

Canada opens its borders

A change in regulation allowing investors to hold more debt issued by non-Canadian entities has proved a fillip to the country's bond markets. Nadia Damouni looks at how the credit markets in Canada are evolving

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