Central Banks

Natalie Dempster, Director of Government Affairs, World Gold Council, discusses the role of gold as a partial solution to the eurozone sovereign debt crisis.

The report examines how gold can help a central bank meet its foreign reserve management objectives. A portfolio optimiser is used to show that the efficient frontier of a typical developing or emerging market central bank can be enhanced by adding gold - in other words, a bank can enhance its risk-…

This report examines how gold can help a central bank meet its foreign reserve management objectives. It also explains how the gold market works, both in terms of the fundamentals of demand and supply, and the trading and vaulting of gold.

This document comments in detail on the consultation launched by the Basel Committee on Banking Supervision (BCBS) on the International Framework for Liquidity Risk Measurement Standards and Monitoring, on December 17, 2009. This document specifically addresses the omission of gold from the proposed definition of a high quality asset in the 30 day liquidity coverage ratio and the 50% required stable funding factor applied in the net stable funding ratio

This paper, the first in a series examining trends in central bank activity, looks at some recent developments in the official sector, and places them in the context of the sector’s history over the past 40 years.