Recent developments in international capital markets
- Author: United Nations Conference on Trade and Development
- Main Title: Trade and Development Report 1987 , pp 173-187
- Publication Date: December 1987
- DOI: https://doi.org/10.18356/b1c814da-en
- Language: English
In 1986, as in 1985, there was a vigorous expansion of private international lending. The expansion of 1986 included not only bond issues and Furonote facilities but also syndicated bank loans (the only one of these three categories which failed to increase in 1985), As a result net lending (excluding the effects of exchange-rate movements) in the form of international security issues and changes in the external claims of banks in the reporting area of the Bank for International Settlements (BIS) increased from S175 billion in 1985 to $240 billion in 1986.
© United Nations
ISBN (PDF):
9789210602907
Book DOI:
https://doi.org/10.18356/1ef6a88e-en
Related Subject(s):
International Trade and Finance
Sustainable Development Goals:
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