What Drives the POLONIA Spread in Poland? /
Since the start of the 2008 - 09 financial crisis, the Polish Overnight Index Average (POLONIA) has persistently been below the policy rate, suggesting a limited influence of the NBP's open market operations on the short-term interbank rate. In this regard, this paper analyzes the behavior of t...
| Autor principal: | |
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2012.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2012/215 |
| Accés en línia: | Full text available on IMF |