Global liquidity: total credit by currency of denomination
Bank loans and debt securities issues, by residence of borrower
< Q3 2016 > >|
Amount outstanding1 (trn) Year-on-year change2 (%)
Q1 16 Q2 16 Q3 16 Q1 16 Q2 16 Q3 16
 US dollar credit
 To US residents (non-financial sector)45.445.946.55.05.05.8
     Of which: government18.418.619.05.46.07.4
 To rest of the world (non-bank sector)10.110.310.52.63.04.8
 Of which: to to emerging market economies3.53.63.6-0.9-0.80.6
     Africa and Middle East0.50.60.613.617.615.8
     Emerging Asia-Pacific1.61.61.6-6.4-7.7-4.3
     Emerging Europe0.50.50.5-6.8-6.2-5.2
     Latin America and Caribbean0.90.90.95.05.04.4
 By instrument
     Bank lending5.55.65.70.91.02.4
 Debt securities4.64.74.84.65.37.6
     Of which: non-financial sector2.62.72.74.45.96.2
 Euro credit
 To euro area residents (non-financial sector)27.327.527.30.73.32.1
     Of which: government11.611.711.70.45.43.9
 To rest of the world (non-bank sector)2.62.62.63.65.94.6
 Memo: To EMEs (non-bank sector)0.60.60.65.94.95.3
     Africa and Middle East0.10.10.11.73.23.2
     Emerging Asia-Pacific0.10.10.1-6.8-0.8-1.1
     Emerging Europe0.30.30.36.45.56.0
     Latin America and Caribbean0.10.10.139.416.217.5
 By instrument
     Bank lending1.21.21.2-4.90.6-0.6
 Debt securities1.41.41.412.010.79.2
     Of which: non-financial sector0.91.01.015.314.713.2
 Yen credit
 To Japanese residents (non-financial sector)1,974.82,009.02,002.71.73.53.1
     Of which: government1,200.61,233.61,219.33.05.44.4
 To non-residents (non-bank sector)50.049.948.7-7.1-7.1-7.2
 Memo: To EMEs (non-bank sector)15.314.614.8-13.7-14.7-9.1
     Africa and Middle East0.60.60.70.8-17.2-7.7
     Emerging Asia-Pacific12.912.012.2-15.2-16.5-10.6
     Emerging Europe1.01.01.1-0.9-2.1-0.6
     Latin America and Caribbean0.80.90.9-11.65.45.2
 By instrument
     Bank lending31.531.230.2-7.2-9.2-8.6
 Debt securities18.618.718.5-6.9-3.4-4.6
     Of which: non-financial sector7.27.37.3-9.8-4.0-3.1
1 In national currency. 2 Geometric mean of quarterly break- and exchange rate-adjusted changes.
Sources: Datastream; national data; BIS debt securities statistics; BIS locational banking statistics; BIS calculations.