Central Bank Collateral Frameworks : Principles and Policies /
Central bank collateral policies came under pressure with the 2007-08 financial market crisis. This paper addresses the rationale for and constraints in taking collateral, and recent practices in different collateral frameworks. It then considers the risks of adverse selection. The paper concludes t...
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| Weitere Verfasser: | , |
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2008.
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| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2008/222 |
| Online Zugang: | Full text available on IMF |