Bridging Canadian Business Lending and Market-Based Risk Measures https://www.banqueducanada.ca/?p=206287 EBP Excess bond premium (EBP) MBI Market-based indicator of banking system risk (MBI) VIX Chicago Board Options Exchange Volatility Index (VIX) -0.71991.30310.7993 -0.83701.36361.0064 -0.81281.25830.4194 -0.97841.22210.6494 -0.87351.38890.6900 -0.67801.28820.1437 -0.66521.34840.5947 -0.77071.42800.5706 -0.76491.35270.6926 -0.70991.22150.2847 -0.83421.20090.5363 -0.91331.03260.5947 -0.96631.41250.6341 -0.88881.16390.4334 -0.76321.31880.5274 -0.70671.33330.7929 -0.40371.10700.4689 -0.50251.1269-0.0532 -0.54750.99130.0992 -0.57410.8047-0.3962 -0.51830.60130.0776 -0.28600.82910.4664 -0.04870.82251.2312 0.00750.67130.8755 -0.19770.69000.2619 -0.28120.82681.0661 -0.29740.85221.1029 -0.36600.69120.7014 -0.43060.56530.3406 -0.44070.6445-0.1142 -0.36520.53100.2110 -0.34130.49060.6303 -0.04510.99261.5209 0.04910.81391.7280 -0.02570.78470.4931 -0.12490.73120.4880 -0.46330.54930.1437 -0.34830.68840.2072 -0.44050.4854-0.3251 -0.40000.57170.2479 -0.36840.49210.0027 -0.24280.56400.6913 0.10130.86441.5336 0.05280.63921.6111 0.15850.85912.5068 0.24190.96231.4205 -0.15410.76290.9581 -0.22610.61531.1004 -0.20170.57201.4243 -0.26810.63081.2287 -0.30600.59821.1677 -0.56190.48320.1590 -0.44550.4152-0.0621 -0.57900.3330-0.0558 -0.74620.2510-0.0596 -0.82210.3019-0.1688 -0.83090.11450.3508 -0.8420-0.0598-0.4903 -0.9351-0.0956-0.4623 -1.0901-0.2161-0.2095 -1.1404-0.2935-0.4229 -1.1885-0.2344-0.6872 -1.0852-0.3109-0.4090 -1.0991-0.1961-0.3518 -0.9934-0.1583-0.5665 -0.9585-0.2338-0.7139 -0.9818-0.4119-0.5894 -1.0097-0.4072-0.5932 -0.9831-0.6153-0.8409 -0.9906-0.8358-0.4687 -1.0644-0.8372-0.8536 -1.1520-0.9742-0.8473 -1.0482-1.0846-0.9070 -1.0852-1.2806-1.0010 -1.0509-1.3983-0.7545 -0.9873-1.3520-0.5906 -0.9678-1.3092-0.8473 -0.9599-1.3882-1.0061 -1.1138-1.3017-1.0658 -1.0927-1.0823-0.9349 -1.0431-1.1224-1.0213 -1.0539-1.1793-0.5894 -1.0351-1.1661-1.0035 -1.0641-1.2202-1.0023 -1.0650-1.3005-0.8905 -1.0089-1.3442-0.9680 -0.9873-1.4120-1.0887 -0.9982-1.3992-1.0632 -0.9619-1.0830-0.4471 -0.9309-1.0935-0.8739 -0.9196-1.0074-0.6364 -0.9691-1.0192-0.9718 -0.9792-1.0341-1.0137 -1.0033-1.0608-1.1255 -0.9539-1.1479-1.1496 -1.0178-1.2279-1.0671 -1.0147-1.2810-1.2119 -1.1416-1.2893-0.5767 -1.0916-1.1045-0.6758 -0.8426-1.1898-0.7291 -0.7795-1.2947-0.8778 -0.7142-1.1661-0.4737 -0.4015-0.94980.4524 -0.1912-0.71000.4346 0.0534-0.8354-0.2489 0.0458-0.6827-0.1815 0.8668-0.29170.3699 0.8909-0.40480.3228 1.09300.21330.7929 1.30010.01270.8361 1.80830.66300.7180 1.71870.41530.1056 1.50780.2883-0.2705 1.57880.55000.5071 1.67541.06830.3787 2.02900.94330.0878 2.66901.13252.4687 3.72721.94465.0732 3.97662.37404.4875 5.14272.27722.5462 4.75692.45773.1611 4.14872.75103.3529 4.07162.56423.0722 3.11472.41092.1015 1.76802.39641.1385 1.09992.08830.8120 0.37101.85170.7573 0.16382.02170.7688 0.09101.79790.7180 -0.11511.90891.3634 0.01831.61940.5782 -0.00061.43770.2187 -0.22251.44730.5922 -0.28891.2649-0.0583 -0.27651.0701-0.3010 -0.10621.12550.2657 0.45001.24041.5387 0.38501.14091.8525 0.50501.10760.4499 0.44831.28560.7739 0.33550.98530.4753 0.27420.66600.1577 0.24840.53770.4550 0.21390.3348-0.2806 0.12970.2650-0.0545 0.05560.0890-0.2044 0.1181-0.0870-0.2819 0.1271-0.2014-0.6618 0.1564-0.3294-0.5728 0.2407-0.2210-0.4369 0.2010-0.22640.6722 0.78620.27301.4815 0.96930.18262.9222 0.85070.02011.2706 1.02210.25180.9962 1.00030.05850.4372 0.81400.0185-0.0659 0.5838-0.0696-0.1942 0.4035-0.1062-0.5665 0.4094-0.0453-0.3569 0.66060.08910.5210 0.86340.1065-0.3658 0.65760.0226-0.1307 0.4402-0.2020-0.3162 0.3313-0.3873-0.5373 0.3438-0.3847-0.1726 0.3408-0.4594-0.5195 0.3040-0.5289-0.2463 0.0582-0.6348-0.7215 0.0422-0.6292-0.5652 -0.0694-0.5854-0.9222 -0.0257-0.4463-0.8180 -0.1304-0.5057-0.4649 0.0718-0.4352-0.3937 0.0354-0.5947-0.8269 0.0428-0.7264-0.3746 0.1234-0.9373-0.4267 0.1086-1.0377-0.7888 0.0392-1.1790-0.7952 -0.0515-1.0779-0.7926 -0.0870-0.8532-0.1968 -0.1187-1.0140-0.7571 -0.2428-1.0572-0.7723 -0.2291-1.1707-0.8320 -0.2658-1.2920-1.0874 -0.2621-1.5127-1.0658 -0.1919-1.6550-0.3823 -0.1429-1.5115-1.0137 -0.1381-1.1985-0.4636 0.0679-1.0375-0.7533 0.0801-1.2599-0.8422 0.1764-0.9761-0.0964 0.3172-0.45120.1285 0.1879-0.5305-0.8409 0.1459-0.4499-0.5932 0.1229-0.6932-0.6872 0.0837-0.6128-0.7774 0.2359-0.6552-0.2196 0.3421-0.4051-0.9959 0.6582-0.00891.0762 0.75940.02980.5769 0.8427-0.0418-0.6211 0.6867-0.2143-0.4865 0.8894-0.1267-0.2222 1.16810.48340.0306 1.30840.56040.0751 0.95190.1965-0.7634 0.49360.0084-0.5411 0.5554-0.0552-0.7329 0.63940.2823-0.5500 0.50940.0016-1.0277 0.4550-0.0868-0.8307 0.3520-0.1378-0.8473 0.2983-0.2730-0.3683 0.1799-0.2683-0.8422 0.0544-0.3612-0.7520 -0.0577-0.5026-1.0124 -0.0879-0.5134-0.8943 -0.1020-0.5216-0.9641 -0.2134-0.2511-1.1611 -0.1430-0.2629-1.2132 -0.2476-0.4928-1.1153 -0.2783-0.5387-1.2322 -0.2185-0.5725-1.1903 -0.2050-0.6773-1.3275 -0.3323-0.7724-1.2424 -0.3330-0.8392-1.1026 -0.3728-0.9869-1.1331 -0.5547-1.3203-0.7088 -0.2666-1.0816-0.0138 -0.1094-1.04020.0014 -0.1472-1.1807-0.5119 -0.0850-1.3485-0.5754 -0.0429-1.4019-0.4915 -0.0331-1.5245-0.9057 -0.0298-1.5423-0.9019 -0.0441-1.5632-0.9959 -0.0244-1.06350.1615 0.3135-1.1254-0.2400 0.6000-1.12540.6938