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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: McCaughrin, Rebecca
مؤلفون آخرون: Chailloux, Alexandre, Gray, Simon
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2008.
سلاسل:IMF Working Papers; Working Paper ; No. 2008/222
الوصول للمادة أونلاين:Full text available on IMF