Key Facts on Central Bank Balance Sheets in Asia and the Pacific

20 Pages Posted: 4 Jan 2013 Last revised: 5 Oct 2013

See all articles by Andrew J. Filardo

Andrew J. Filardo

Bank for International Settlements (BIS) - Monetary and Economic Department

James Yetman

Bank for International Settlements (BIS)

Date Written: October 2012

Abstract

Central bank balance sheets have been expanding rapidly over the past decade in emerging Asia, due to the unprecedented rise in foreign reserve assets. We outline the changes in the composition of both assets and liabilities on central bank balance sheets in the region, and the factors that have contributed to these changes. We summarise the macroeconomic and financial stability risks that large central bank balance sheets may pose for the region, and discuss the modelling challenges in developing a conceptual framework to address the effects of large balance sheets.

Full publication: Are Central Bank Balance Sheets in Asia Too Large?

Suggested Citation

Filardo, Andrew J. and Yetman, James, Key Facts on Central Bank Balance Sheets in Asia and the Pacific (October 2012). BIS Paper No. 66c. Available at SSRN: https://ssrn.com/abstract=2185322

Andrew J. Filardo (Contact Author)

Bank for International Settlements (BIS) - Monetary and Economic Department ( email )

Centralbahnplatz 2
CH-4002 Basel
Switzerland

James Yetman

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

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