BIS review reports record highs in emerging markets

The Bank for International Settlements (BIS) has today released its quarterly review, International Banking and Financial Market Developments. The report found that emerging markets have reached record highs earlier this year, a direct result of the steady improvement in many countries’ fundamentals.

In the major markets, current valuations in equity and corporate bond markets, interest rates, oil prices and corporate earnings all weighed on equity prices. The BIS report found that actions such as leveraged buyouts continued to loom over corporate debt markets, but corporate spreads remained stable near their cyclical lows despite such event risk.

The review also presents a detailed account of recent activities by Basel-based committees and the Financial Stability Forum (FSF).

The FSF held its fourth Latin American meeting, as well as a meeting with representatives of the hedge fund community and their counterparties. At the FSF’s request, the Joint Forum published a consultative paper on high-level principles for business continuity. The Basel Committee on Banking Supervision (BCBS) released two consultative papers, the Committee on the Global Financial System (CGFS) published a report on housing finance and the Committee on Payment and Settlement Systems (CPSS) issued three new publications.

The full report can be viewed here.

BaselAlert.com

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here