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...

詳細記述

書誌詳細
第一著者: McCaughrin, Rebecca
その他の著者: Chailloux, Alexandre, Gray, Simon
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2008.
シリーズ:IMF Working Papers; Working Paper ; No. 2008/222
オンライン・アクセス:Full text available on IMF