Global liquidity: total credit by currency of denomination
Bank loans and debt securities issues, by residence of borrower
< Q4 2016 > >|
Amount outstanding1 (trn) Year-on-year change2 (%)
Q2 16 Q3 16 Q4 16 Q2 16 Q3 16 Q4 16
 US dollar credit
 To US residents (non-financial sector)45.946.546.85.05.84.5
     Of which: government18.619.019.16.07.44.8
 To rest of the world (non-bank sector)10.410.610.52.94.75.7
 Of which: to to emerging market economies3.63.63.6-0.80.63.7
     Africa and Middle East0.60.60.717.515.719.8
     Emerging Asia-Pacific1.61.61.6-7.7-4.30.2
     Emerging Europe0.50.50.5-6.3-5.3-4.7
     Latin America and Caribbean0.90.90.95.04.35.4
 By instrument
     Bank lending5.65.75.60.92.12.9
 Debt securities4.74.95.05.27.79.1
     Of which: non-financial sector2.72.72.85.96.28.7
 Euro credit
 To euro area residents (non-financial sector)27.527.427.23.42.31.6
     Of which: government11.711.711.45.53.91.7
 To rest of the world (non-bank sector)2.72.62.65.84.55.7
 Memo: To EMEs (non-bank sector)0.60.60.64.65.19.4
     Africa and Middle East0.10.10.13.23.25.4
     Emerging Asia-Pacific0.10.10.1-0.8-1.11.8
     Emerging Europe0.30.30.35.05.611.2
     Latin America and Caribbean0.10.10.116.217.521.5
 By instrument
     Bank lending1.21.21.20.5-0.72.5
 Debt securities1.51.51.510.59.18.3
     Of which: non-financial sector1.01.01.013.611.911.3
 Yen credit
 To Japanese residents (non-financial sector)2,009.02,002.71,991.93.53.12.8
     Of which: government1,233.61,219.41,204.05.44.43.3
 To non-residents (non-bank sector)50.449.249.4-7.2-7.2-7.3
 Memo: To EMEs (non-bank sector)14.714.916.1-14.7-9.1-4.8
     Africa and Middle East0.60.70.7-17.2-7.7-14.6
     Emerging Asia-Pacific12.112.213.5-16.5-10.6-5.2
     Emerging Europe1.01.11.0-2.1-0.6-1.7
     Latin America and Caribbean0.91.00.95.35.17.8
 By instrument
     Bank lending31.230.231.0-9.2-8.6-8.5
 Debt securities19.219.018.4-3.5-4.8-4.9
     Of which: non-financial sector7.37.37.1-4.0-3.1-2.7
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.