Top quality issuers boost debt capital markets
Even governments face supply constraints
In December 2008, the Bank for International Settlements reported the latest data it compiles assiduously on cross-border bank claims – essentially lending – for the second quarter of 2008. It found that these had shrunk by $1.1 trillion, a number it describes as simply “unprecedented”.
The decline in banks lending to other banks accounts for a large proportion of this, fully $812 billion.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.