Published 1 year ago

FX swap debt a $80 trillion 'blind spot' BIS says

Summary by Ground News

The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt. The BIS raised the concerns in its latest quarterly report, in which it also said this year's market upheaval had, by and large, been navigated without many major issues.

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Reuters

FX swap debt a $80 trillion 'blind spot' BIS says

Pension funds and other 'non-bank' financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for International Settlements (BIS) said.

1 year ago·United Kingdom

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Channel News Asia

BIS warns of $80 trillion of hidden FX swap debt

LONDON : The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps. Dubbed the central bank to the world's central banks, the BIS raised the concerns in it

1 year ago·Singapore

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News24

FX swap debt a $80 trillion 'blind spot', global regulator says

Pension funds and other 'non-bank' financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for International Settlements (BIS) said.

1 year ago·South Africa

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IBTimes

BIS Warns Of $80 Trillion Of Hidden FX Swap Debt

The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of

1 year ago·United States

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Financial Post

BIS warns of $80 trillion of hidden FX swap debt

LONDON -- The Bank for International Settlements (BIS) has warned that pension funds and other 'non-bank' financial firms now have more than $80 trillion of hidden, off-balance sheet dollar debt in the form of FX swaps.

1 year ago·Canada

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The Epoch Times

FX Swap Debt a $80 Trillion 'Blind Spot' Global Regulator Says

LONDON—Pension funds and other ‘non-bank’ financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for International Settlements (BIS) said. The BIS, dubbed the central bank to the world’s central banks, also said in its latest quarterly report that 2022’s market upheaval had largely been navigated without major issues. Having repeatedly urged central banks to act forcefully to dampen inflation, …

1 year ago·New York, United States

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