Coverage and fields

What goes into the BlockPhi Global Liquidity Model, what comes out, how often, and in what form.

Updated weekly · Data as of 9 October 2026

I Summary

The Global Liquidity Model is a composite that measures the balance-sheet capacity behind global credit: the balance sheets of five central banks plus 17 government debt markets, revalued every Friday in US dollars and multiplied by a collateral multiplier keyed to the US ten-year Treasury yield.

Series: Global Liquidity Model. Global Liquidity, its collateral base, central bank money, sovereign debt and the collateral multiplier.
See section II
Components: 22 components: five central bank balance sheets, each named with its publisher, and 17 government debt markets, with quantities from the Bank for International Settlements (BIS) debt securities statistics.
See section III
Observation and publication: Weekly, as of Friday. Published every Friday after the US close.
See section IV
Licensed delivery: Licensed delivery by API or CSV, set up for each firm once terms are agreed, by Saturday 12:00 UTC. Licensed delivery is not self-serve.
See section V
History: Weekly from January 2020. Recorded live since 31 July 2026. Weeks before 31 July 2026 are reconstructed with the current method, each input entering on a lag that follows its usual release schedule. They are not a record of what was known on each date. Component rows are recorded live since 11 September 2026.
See section IV
Samples: Headline and component sample files, on request.
See section V

II Output fields

A licensed headline row carries six fields. Every field is weekly, as of Friday. Amounts are in US$ trillions.

Headline fields. One row per Friday, keyed on week ending.
Field	Meaning	Unit	Type	On this site
Week ending	The Friday the week is stamped to	Date	Date, ISO 8601	Latest week
Global Liquidity	The collateral base times the collateral multiplier	US$ trillions	Decimal	Latest week, chart
Collateral base	Central bank money plus sovereign debt	US$ trillions	Decimal	Latest week, chart
Central bank money	The balance sheets of the five central banks	US$ trillions	Decimal	Latest week, chart
Sovereign debt	The 17 government debt markets, revalued every Friday	US$ trillions	Decimal	Latest week
Collateral multiplier	Keyed to the US ten-year Treasury yield. Equals Global Liquidity divided by the collateral base.	Ratio	Decimal	Latest week
Per component (22 each week)	Each component in its own currency and in US dollars, with the exchange rate and, where one applies, the yield used to value it	Local currency and US$ trillions	Confirmed at contract stage	US dollar charts on the Global Liquidity page, frozen at the week ending 18 September 2026

“Latest week” is the dated panel on the Global Liquidity page. “Chart” is its weekly chart from January 2020. Every headline field is also in the headline sample file (section V).

The fields delivered per component are confirmed at contract stage, subject to each publisher’s terms.

The regime (expansion or contraction), the six-week change and per-week data-quality flags are not among the six headline fields. Whether a licence delivers them is confirmed at contract stage.

III Inputs, by publisher

The collateral base is built from 22 components: the balance sheets of five central banks and 17 government debt markets. They are revalued every Friday in US dollars, at current exchange rates and, for six markets, current government bond yields.

Central banks (5)

Other central banks are not included.Series names are confirmed at contract stage.
Institution	Publisher	Cadence used	Between releases
Federal Reserve	Federal Reserve	Weekly	Latest release each Friday
European Central Bank	European Central Bank	Weekly	Latest release each Friday
Bank of England	Bank of England	Confirmed at contract stage	Confirmed at contract stage
Bank of Japan	Bank of Japan	Monthly	Carried forward
People’s Bank of China	People’s Bank of China	Monthly	Carried forward

Sovereign debt markets (17)

Quantities: general government debt securities, from the BIS debt securities statistics. Quarterly.The 16 markets outside the United States are revalued every Friday at current exchange rates. Six markets are revalued at their own current government bond yield: the United States, the euro area, China, Japan, the United Kingdom and Canada. China’s yield is a monthly series, carried forward between releases. The other 11 move with their exchange rate alone.The euro area enters as one aggregate, not as member states, so member-state debt is not counted twice.
Market	Currency	Revalued with
Australia	AUD	Exchange rate
Brazil	BRL	Exchange rate
Canada	CAD	Exchange rate and own yield
China	CNY	Exchange rate and own yield
Denmark	DKK	Exchange rate
Euro area	EUR	Exchange rate and own yield
Hong Kong	HKD	Exchange rate
Japan	JPY	Exchange rate and own yield
Malaysia	MYR	Exchange rate
Mexico	MXN	Exchange rate
Norway	NOK	Exchange rate
Singapore	SGD	Exchange rate
South Africa	ZAR	Exchange rate
South Korea	KRW	Exchange rate
Switzerland	CHF	Exchange rate
United Kingdom	GBP	Exchange rate and own yield
United States	USD	Own yield. Already in US dollars.

Exchange rates and government bond yields come from public sources, listed on request.

The charts of the series

IV History, timing and point in time

History: Weekly from January 2020: 354 weeks to the week ending 9 October 2026.
Recorded live: Recorded live since 31 July 2026. Weeks before 31 July 2026 are reconstructed with the current method, each input entering on a lag that follows its usual release schedule. They are not a record of what was known on each date. Component rows are recorded live since 11 September 2026.
Observed: Weekly, as of Friday.
Published: Published every Friday after the US close.
Delivered: Licensed delivery by API or CSV, set up for each firm once terms are agreed, by Saturday 12:00 UTC.
Input times: The time on Friday at which exchange rates and yields are taken, and the handling of a Friday US market holiday, are confirmed at contract stage.
Published values: Published values are point-in-time: each week is written once and is never revised after publication. The policy for a future method change is agreed in each licence.
Archive: The inputs to each publication are hash-archived since 19 September 2026.
Between releases: Monthly inputs are carried forward until the next release. Quarterly inputs are held flat until the next release is usable.

V Delivery and samples

API or CSV, set up for each firm once terms are agreed. Licensed delivery is not self-serve. Terms, delivery and notice periods are agreed in each licence. Column names and file layout are confirmed at contract stage.

Sample files

Two sample files are sent on request. The headline sample is a CSV of the 52 Fridays of 2024, generated from the series, with the six headline fields in section II; all 52 weeks fall before 31 July 2026, so they are a reconstruction with the current method. Figures are rounded, so the parts may not add exactly. The component sample carries the component schema with its data dictionary.

Request the sample files

VI Credit line

Credit the series as:

Source: BlockPhi Global Liquidity Model

The series is offered to institutions under licence.

Terms, delivery and notice periods are agreed in each licence.

For funds, market makers, family offices, treasury companies and data platforms.

Request access

Request access: contact@blockphi.com or www.blockphi.com/institutions#request