1 / 81

Financial Stability Report 2006:1

Financial Stability Report 2006:1. May 31, 2006. CHAPTER 1 Financial markets. Stock markets in selected countries Index: september 2002 = 100. Figure 1:1. Source: Reuters EcoWin. P/E ratios for Sweden, Europe and the United States. Figure 1:2. Source: Reuters EcoWin.

lyneth
Download Presentation

Financial Stability Report 2006:1

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Financial Stability Report2006:1 May 31, 2006

  2. CHAPTER 1Financial markets

  3. Stock markets in selected countriesIndex: september 2002 = 100 Figure 1:1 Source: Reuters EcoWin

  4. P/E ratios for Sweden, Europe and the United States Figure 1:2 Source: Reuters EcoWin

  5. Implied stock-market volatilityIndex Figure 1:3 Source: Bloomberg

  6. Historical stock-market volatility inSweden and the United States Figure 1:4 Source: Reuters EcoWin

  7. Ten-year government bond ratesPer cent Figure 1:5 Source: Reuters EcoWin

  8. Credit spreads in the United StatesPercentage points Figure 1:6 Sources: Reuters EcoWin, Federal Reserve Board and Merrill Lynch

  9. Corporate bond spreads in EuropePercentage points Figure 1:7 Source: Reuters EcoWin

  10. Credit default swap spreadar Figure 1:8 Source: Bloomberg

  11. Spreads for bonds issued by emerging market economiesPercentage points Figure 1:9 Source: Bloomberg

  12. Oil price and commodity price indexUSD per barrel and index: February 2002=100 Figure 1:10 Sources: The Economist and Reuters EcoWin

  13. Nominal house pricesTwelve-month change, per cent Figure B1 Sources: Reuters EcoWin and Australian Property Monitor

  14. Nominal house pricesTwelve-month change, per cent Figure B2 Source: Reuters EcoWin

  15. US households’ ability to service house purchasesIndex Figure B3 Source: Reuters EcoWin

  16. CHAPTER 2The Swedish banks’ borrowers

  17. Non-financial companies, borrowing and bank depositsPercentage twelve-month change, three-month moving average Figure 2:1 Source: The Riksbank

  18. Non-financial companies, borrowing from securities markets and credit market institutionsMiljarder kronor Figure 2:2 Source: The Riksbank

  19. Corporate sector gross fixed capital formation and borrowing by non-financial companies from credit market institutionsPercentage twelve-month change, four-month moving average Figure 2:3 Sources: Statistics Sweden and the Riksbank

  20. Ratio of debt to total assets in listed companiesPer cent of all listed companies Figure 2:4 Sources: Bloomberg and the Riksbank

  21. Returns on equity in listed companiesPer cent of all listed companies Figure 2:5 Sources: Bloomberg and the Riksbank

  22. Number of corporate defaults by company size Figure 2:6 Source: Statistics Sweden

  23. Expected default frequency (EDF) by industry for listed non-financial companiesPer cent (logarithmic scale) Figure 2:7 Source: Moody’s KMV

  24. Expected default frequency (EDF) for listed non-financial companies in Nordic countries and GermanyPer cent (logarithmic scale) Figure 2:8 Source: Moody’s KMV

  25. Company acquisitions Figure B4 Sources: Swedish Venture Capital Association (SVCA) and the company Förvärv och Fusioner

  26. Leveraged buyout investmentsSEK billion and number Figure B5 Sources: Swedish Venture Capital Association (SVCA)

  27. EBIT multiples for leveraged buyoutsAverage in SEK million Figure B6 Source: The Centre for Management Buy Out Research

  28. EBIT multiples for Swedish equity companies’ acquisitions abroadAverage in SEK million Figure B7 Source: The Centre for Management Buy Out Research

  29. Interest-expenditure and debt ratios for listed property companies Figure 2:9 Sources: Financial statements and the Riksbank

  30. Expected default frequency (EDF) for listed property companies in Nordic countries and GermanyPer cent (logarithmic scale) Figure 2:10 Source: Moody´s KMV

  31. Vacancy rates for office premises in central locationsPer cent Figure B8 Sources: NewSec AB and the Riksbank

  32. Real rents for office premises in central locationsIndex 1981 = 100 Figure B9 Sources: NewSec AB and the Riksbank

  33. Real prices for office premises in central locationsIndex 1981 = 100 Figure B10 Sources: Newsec AB, Jones Lang LaSalle and Reuters EcoWin

  34. Average direct return required foroffice premises in central locationsPer cent Figure B11 Sources: Newsec AB and Reuters EcoWin

  35. Household borrowing by type of institutionPercentage 12-month change Figure 2:11 Source: The Riksbank

  36. Household debt and post-tax interest expenditure in relation to disposable incomePer cent Figure 2:12 Sources: Statistics Sweden and The Riksbank

  37. Duration of fixed interest periods for house mortgage loansPer cent of total stock Figure 2:13 Source: The Riksbank

  38. Household debt and house pricesIndex: 1986 = 100 Figure 2:14 Source: Statistics Sweden

  39. House pricesIndex 1986 = 100 Figure 2:15 Source: Statistics Sweden

  40. Completed new residential construction,by type of housingNumber of dwelling units Figure 2:16 Source: Statistics Sweden

  41. National average price of tenant owned dwellingsSEK per square metre Figure 2:17 Source: maklarstatistik.se

  42. Debt and interest expenditure ratios for indebted householdsPer cent Figure B12 Sources: Statistics Sweden and the Riksbank

  43. Debt and interest expenditure ratios, by income decilesPer cent Figure B13 Sources: Statistics Sweden and the Riksbank

  44. Share of household sector debt and proportionof households below the margin, by income decilesPer cent Figure B14 Sources: Statistics Sweden and the Riksbank

  45. Shares of household sector debt and assets, by income decilesPer cent Figure B15 Sources: Statistics Sweden and the Riksbank

  46. CHAPTER 3Developments in the banking

  47. Geographical breakdown of operating profits for 2005Per cent Figure 3:1 Sources: Banks reports and the Riksbank

  48. Implied volatility of bank equityPer cent, moving 10-day average Figure 3:2 Sources: Bloomberg and the Riksbank

  49. Pre-tax return on equityPer cent Figure 3:3 Sources: Banks reports and the Riksbank

  50. Profit before loan losses and net loan losses in the major banksFour-quarter figures, SEK billion, 2006 prices Figure 3:4 Sources: Banks reports and the Riksbank

More Related