Economic Bulletin articles from December 2004

Economic Bulletin archives from December 2004

Long-term benchmark rates in the Norwegian bond market.
December 1, 2004... Government securities have traditionally been used as benchmarks for long-term interest rates. Today the market for interest rate swaps is also used. The difference between yields on government bonds and swap market rates--the swap spread--can...

How accurate are credit risk models in their predictions concerning Norwegian enterprises?
December 1, 2004... Historically, banks' solvency problems are often due to losses on loans to enterprises. Credit risk associated with loans to enterprises is therefore an important aspect when Norges Bank assesses financial stability. Two different credit risk...

Management of financial crises in cross-border banks.(Industry Overview)
December 1, 2004... Financial integration in Europe is increasing. The emergence of large, cross-border banks poses new challenges to the authorities. The management of financial crises in such banks will involve a number of authorities in many countries....

Statistical annex.(financial institution balance sheets. )(Illustration)
December 1, 2004... Financial institution balance sheets 1. Norges Bank. Balance sheet 2. Norges Bank. Specification of international reserves 3. State lending institutions. Balance sheet 4. Banks. Balance sheet 5. Banks. Loans and deposits...