Full text and statistical tables:
h Full text
h Statistical annex (PDF, 111 pages, 1054 kb)
Text by chapter:
International banking and financial market developments:
1. Overview: appetite for risk lifts markets (in French, German, Italian, Spanish)
2. The international banking market
3. The international debt securities market
4. Derivatives markets

Special features
h Household debt and the macroeconomy
h What drives housing price dynamics: cross-country evidence
h Twin peaks in equity and housing prices ?
h The Danish mortgage market
Recent initiatives by Basel-based committees and the Financial Stability Forum