Central Banks Use of Derivatives and Other Contingent Liabilities : Analytical Issues and Policy Implications /

Whereas some central bank derivatives and other contingent liabilities arise from anomalous circumstances, there are a number of positive reasons that explain their popularity. After analyzing the rationale for these operations, we stress that most of these operations, being off-balance sheet, incre...

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Bibliografski detalji
Glavni autor: Schumacher, Liliana
Daljnji autori: Blejer, Mario
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2000.
Serija:IMF Working Papers; Working Paper ; No. 2000/066
Online pristup:Full text available on IMF