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.
     Of which: government18.418.619.
 To rest of the world (non-bank sector)10.110.310.
 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.
 By instrument
     Bank lending5.
 Debt securities4.
     Of which: non-financial sector2.
 Euro credit
 To euro area residents (non-financial sector)27.327.527.
     Of which: government11.611.711.
 To rest of the world (non-bank sector)
 Memo: To EMEs (non-bank sector)
     Africa and Middle East0.
     Emerging Asia-Pacific0.10.10.1-6.8-0.8-1.1
     Emerging Europe0.
     Latin America and Caribbean0.
 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.
 Yen credit
 To Japanese residents (non-financial sector)1,974.82,009.02,
     Of which: government1,200.61,233.61,
 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.
     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-
 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.