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Home > Education and Museum > CCBS Handbooks

CCBS Handbooks

 Technical Handbooks    Joint Research Papers   Lecture Series   Books

In our Handbooks in Central Banking series we aim to present particular topics which
concern central banks and regulatory authorities in a concise, balanced and accessible
manner, and in a practical context. The series has grown out of our experience in arranging
and delivering training courses, conferences and expert advice for central banks and central bankers of countries across the globe.
They should, we hope, enable someone taking up new responsibilities within a central bank, whether at senior or junior level, and whether transferring from other duties within the bank or arriving fresh from outside, to quickly assimilate the key aspects of a subject, although the depth of treatment may vary from one Handbook to another.
While acknowledging that a sound analytical framework must be the basis for any thorough discussion of central banking policies or operations, we have generally tried to avoid too theoretical an approach. Moreover, the Handbooks are not intended as a channel for new

We have aimed to make each Handbook reasonably self-contained, but recommendations for further reading may be included, for the benefit of those with a particular specialist interest. The views expressed in the Handbooks are those of the authors and not necessarily those of the Bank of England.


Click on link below to view a brief extract of the relevant handbook and a link to the full handbook is available for download in PDF format; you will need Adobe Acrobat Reader.




​34 Modelling credit risk ​Somnath Chatterjee
​33 Text mining for central banks ​David Bholat, Stephen Hansen, Pedro Santos and Cheryl Schonhardt-Bailey
​32 Understanding the central bank balance sheet ​Garreth Rule
​31 Collateral management in central bank policy operations ​Garreth Rule
30 Issuing central bank securities Garreth Rule
29 State of the art of inflation targeting Gill Hammond
28 Forecasting banknotes Mohamed Afzal Norat
27 Liquidity forecasting Simon T Gray
26 Developing Financial Markets Simon T Gray and Nick Talbot
25 Monetary and Financial Statistics Monetary and Financial Statistics Division
24 Monetary Operations Simon Gray and Nick Talbot
23 Consumption Theory Emilio Fernandez-Corugedo
22 Unit Root Testing to Help Model Building Lavan Mahadeva and Paul Robinson
21 Banking and Monetary Statistics John Thorp & Philip Turnbull
20 Basic Bond Analysis Joanna Place
19 Foreign Exchange Reserves Management John Nugee
18 Withdrawn from publication  
17 Financial Derivatives Simon Gray &
Joanna Place
16 Repo of Government Securities Simon Gray
15 Consolidated Supervision of Banks Ronald MacDonald
14 Capital Flows: Causes, Consequences and Policy Responses Glenn Hoggarth &
Gabriel Sterne
13 The Retail Market for Government Debt Robin McConnachie
12 The Causes and Management of Banking Crises Tony Latter
11 Government Securities: Primary Issuance Simon Gray
10 Introduction to Monetary Operations Revised, 2 Edition
Please note that this Handbook has been superseded by Handbook No. 24.
Simon Gray, Glenn Hoggarth and Joanna Place
9 Deposit Insurance Ronald MacDonald
8 Payment Systems David Sheppard
7 Basic Principles of Banking Supervision Derrick Ware
6 Primary Dealers in Government Securities Markets Robin McConnachie
5 The Management of Government Debt Simon Gray
4 Withdrawn from publication  
3 Economic Analysis in a Central Bank: Models Versus Judgement Lionel Price
2 The Choice of Exchange Rate Regime Tony Latter
1 Introduction to Monetary Policy Glenn Hoggarth

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