Published on Tuesday, February 2, 2016 | Updated on Wednesday, February 7, 2018

Sovereign debt: a risk-free asset?

Summary

Several voices have been raised recently in favour of eliminating the zero weighting of sovereign debt in banks' capital consumption, with the principal argument being that this treatment generates sovereign risk contagion to banking risk, and is a cause of the dangerous negative feed-back loop observed in the recent financial crisis.

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Authors

María Abascal
Santiago Fernández de Lis BBVA Regulation - Head of Regulation

Documents and files


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Press Article (EPUB)

67403_111309.epub

Spanish - February 2, 2016

Press Article (PDF)

67403_111309.pdf

Spanish - February 2, 2016

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