This Quarterly Review draws on several BIS data sets to examine emerging market corporates’ external and foreign currency debt on the eve of the Covid-19 outbreak.  It also assesses whether emerging market government debt is a cause for concern. Link: BIS Quarterly Review

Published by the ECB Market infrastructures form the backbone of the financial system. They provide the networks through which financial institutions and financial markets are connected and financial transactions are cleared and settled. Therefore, it is essential to ensure that market infrastructures are safe and efficient, and that they support a stable and well-functioning economy.[…]