Private credit: recent developments and long-term trends

Abstract

bis h c r a m w e i v e r y l r e t r a u q s i b bis quarterly review international banking and financial market developments march 2020 bis quarterly review monetary and economic department editorial committee: claudio borio stijn claessens benoît mojon hyun song shin philip wooldridge general queries concerning to philip wooldridge (tel +41 61 280 8006, e-mail: philip.wooldridge@bis.org), queries concerning specific parts to the authors, whose details appear at the head of each section, and queries concerning the statistics to patrick mcguire (tel +41 61 280 8921, e-mail: patrick.mcguire@bis.org). this commentary should be addressed this publication is available on the bis website (www.bis.org/publ/qtrpdf/r_qt2003.htm). © bank for international settlements 2020. all rights reserved. brief excerpts may be reproduced or translated provided the source is stated. issn 1683-0121 (print) issn 1683-013x (online) bis quarterly review march 2020 international banking and financial market developments a rude awakening for investors .................................................................................................... 1 trade deal spurs a rally in risk assets ............................................................................... 2 global health scare halts sentiment ................................................................................... 3 discerning investors in emes? …

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