1.15 Inflation, nominal and real interest rates in Japan (2000–2014)
Figure 1.16 Inflation and Debt/GDP ratio in Argentina (1884–2010)
Figure 1.17 Inflation and Debt/GDP ratio in France (1880–2010)
Figure 1.18 Inflation and Debt/GDP ratio in Germany (1880–2010)
Figure 1.19 Inflation and Debt/GDP ratio in Greece (1884–2010)
Figure 1.20 Inflation and Debt/GDP ratio in Italy (1860–2010)
Figure 1.21 Inflation and Debt/GDP ratio in Spain (1880–2010)
Figure 1.22 Inflation and Debt/GDP ratio in UK (1880–2010)
Figure 1.23 Inflation and Debt/GDP ratio in the US (1860–2010)
Figure 1.24 Interest rate on 10-year government bonds of various Eurozone countries
Figure 1.25 Credit disbursed from the banking systems to the national economies (Eurozone)
Figure 1.27 Term structure of the interest rates on interbank loans
Figure 1.28 Term structure of the interest rates on Overnight Index Swap (OIS) transactions
Figure 1.32 Excerpt from the Statute of Federal Reserve Bank (USA)
Figure 1.33 Excerpt from the Statute of the European Central Bank (EU)
Figure 1.34 Evolution of the ECB short-term refinancing rate (MRO rate)
Figure 1.35 Evolution of the ECB rate on Marginal Lending Facility (MLF)
Figure 1.36 Evolution of the rate paid by the ECB on overnight deposits
Figure 1.37 Amount of overnight deposits at the European Central Bank
Figure 1.38 Amount of standard cash deposits at the European Central Bank
Figure 1.39 Total amount of cash deposits (standard and overnight) at the European Central Bank
Figure 1.40 Market quote of the US sovereign CDS in June 2012
Figure 1.41 Market quotes of the CDSs of the individual states of the US federation in June 2012
Figure 1.42 Market quote of the CDSs of the individual states of the Eurozone in June 2012
Figure 1.44 Definition of a sovereign CDS denominated in Euro
Figure 1.45 Definition of a sovereign CDS denominated in Dollars
Figure 1.46 Definition of Dollar/Euro CDS quanto spread
Figure 1.47 Representation of the Bond spread on an Italian government bond (BTP)
Figure 1.48 Relation between CDS spread and Bond spread in absence of arbitrage
Figure 1.49 The basis in absence of arbitrage
Figure 1.50 Positive basis arbitrage strategy
Figure 1.51 Negative basis arbitrage strategy
Figure 1.52 Underlying reasons of the positive basis phenomenon
Figure 1.53 Development of the bases for Germany, France, Italy and Spain
Figure 1.55 Underlying reasons for the negative basis phenomenon
Figure 1.56 Evolution of the 5-year OIS and SWAP and yield on the 5-year Bund: period 2000–2014
Figure 1.57 Definition of the cash synthetic basis
Figure 1.58 Types of risks considered in the definition of the cash synthetic basis
Figure 1.59 Relation between negative basis and cash synthetic basis
Figure 1.60 Trend of the basis and of the cash synthetic basis for Italy
Figure 1.61 Relation between positive basis and cash synthetic basis
Figure 1.62 Trend of the basis and of the cash synthetic basis for Germany
