[Slide 6: Public debt held by domestic banks]  6  See Cesare, A., Grande, G., Manna, M. and Taboga, M. (2012) “Recent estimates of sovereign risk premia for euro-area countries.” Bank of Italy, Questioni di Economia e Finanza, Occasional Papers n. 128.
4  BIS central bankers’ speeches  An aside aspect shown by the chart is that public debt was not taken predominantly by the domestic banking sectors until 2009 as the domestic share declined until then, indicating the progress of financial integration across member States during many years.