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BIS Working Papers No 510Global dollar credit and carry trades: a firm level analysis by Valentina Bruno and Hymn Song ShinMonetary and Economic Department August 2015JEL classification: F32, G15,
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Global dollar credit refers to the total amount of credit granted in US dollars across all borrowers within a financial institution.
Financial institutions are required to file global dollar credit reports to regulatory authorities.
Global dollar credit reports can be filled out electronically through the designated reporting system provided by regulatory authorities.
The purpose of global dollar credit reports is to monitor the overall level of US dollar-denominated credit exposure within the financial system.
Financial institutions must report detailed information on the amount of US dollar credit extended to borrowers, broken down by type of borrower and type of credit instrument.
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