"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Friday, December 16, 2011

BoE Statistical Release for 12/16

UK-owned monetary financial institutions and their branches and subsidiaries worldwide reported a decrease in consolidated foreign claims on an ultimate risk basis of $62.4 billion during Q3 2011, to stand at $4,125.2 billion. The largest fall was to Developing Countries, down $50.9 billion to stand at $929.0 billion, with the largest decrease in claims on Brazil, South Africa and the Republic of Korea. Claims on Offshore Centres fell by $26.6 billion to $520.6 billion, driven by a fall in claims on Jersey. Claims on Developed Countries were up $11.8 billion to stand at $2,638.7 billion, more than accounted for by a rise in claims on Germany and the Netherlands.

Developed Countries had net outward risk transfers of $25.6 billion, with the largest from the United States and Ireland. Offshore Centres had net outward risk transfers of $57.4 billion, mostly from Hong Kong and the Cayman Islands. Developing Countries had net inward risk transfers of $10.7 billion, with the largest net inward risk transfers reported to India and Brazil.

Bank of England Statistical Release