Italian Sovereign Spreads : Their Determinants and Pass-through to Bank Funding Costs and Lending Conditions /
Volatility in Italian sovereign spreads has increased since mid-2011. This paper finds that news on the euro area debt crisis and country specific events were important drivers of sovereign spreads. Movements in sovereign spreads affect CDS spreads and bond yields of Italian banks, and are transmitt...
| المؤلف الرئيسي: | |
|---|---|
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2013.
|
| سلاسل: | IMF Working Papers; Working Paper ;
No. 2013/084 |
| الوصول للمادة أونلاين: | Full text available on IMF |