Financial market developments

Quarterly Bulletin 1995 Q1
Published on 01 March 1995
  • There was a reduction in volatility, and a partial decoupling, of the major industrial countries’ bond markets in the final quarter of 1994. 
  • In 1994 as a whole, in spite of a particularly adverse global interest rate environment, international borrowing activity expanded: significant growth in the medium-term note and syndicated credit markets more than offset a reduction in bond issues.
  • Since early 1994, the volume of activity in exchange-traded derivatives has fallen, as financial markets have become less volatile, but the longer-term trend towards increased volumes has continued as risk management tools have gained wider acceptance.

PDFFinancial market developments

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