Page 38 - Banking Fiannce March 2018
P. 38

FEATURE

          Chart 1: Holding of sovereign bonds by resident banks and non-residents for GIIPS &

                                                       Germany



































































         Data for Germany is based on 'General Government Debt' and includes both sovereign bonds as well as loans.
         *'Resident banks' in Ireland does not exclude holdings by the Bank of Ireland.
         Source: Bruegel database of sovereign bond holdings developed in Merler and Pisani-Ferry (2012) updated as of March
         2017.

            38 | 2018 | MARCH                                                              | BANKING FINANCE
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