## Figure 2.7. Impact of Forward Rate Surprises on Bank Equity Returns

## Source details

**Canonical URL:** [Figure 2.7. Impact of Forward Rate Surprises on Bank Equity Returns](https://www.imf.org/-/media/files/publications/gfsr/2017/april/figure2-7d.csv)

## Other formats

- [Markdown version](/-/media/files/publications/gfsr/2017/april/figure2-7d.csv.md)
- [Structured JSON version](/-/media/files/publications/gfsr/2017/april/figure2-7d.csv.json)

---

### Overview
- Unit: (Percent)
- Dataset structure: scenarios by bank grouping (All; Business model 1; Business model 2; Business model 3)
- Rows reported: Normal Periods and Prolonged Low Rates for each grouping.

### Key statistics by scenario and grouping
- Normal Periods — All: 100
- Prolonged Low Rates — All: -50.52404118
- Normal Periods — Business model 1: 113.486405
- Prolonged Low Rates — Business model 1: 0
- Normal Periods — Business model 2: 96.4975329
- Prolonged Low Rates — Business model 2: -35.09400386
- Normal Periods — Business model 3: -43.11004287
- Prolonged Low Rates — Business model 3: -43.11004287

### Interpretation notes (dataset-level)
- Values represent the impact of forward rate surprises on bank equity returns, expressed in percent.
- The dataset contrasts "Normal Periods" with "Prolonged Low Rates" across aggregate ("All") and three business model groupings.
- Identical values for Normal Periods and Prolonged Low Rates for Business model 3 are reported as -43.11004287.

*Source: figure2-7d dataset (CSV) from the provided IMF content.*

---


_Source: https://www.imf.org/-/media/files/publications/gfsr/2017/april/figure2-7d.csv_