What Are Reference Rates For? /
What is the precise role of reference rates? Why does it matter if LIBOR was manipulated? To address these questions, I analyze the use of reference rates in floating-rate loans and interestrate derivatives in the context of lending relationships. I develop a simple framework combining maturity tran...
| Autor principal: | |
|---|---|
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2017.
|
| Colecção: | IMF Working Papers; Working Paper ;
No. 2017/013 |
| Acesso em linha: | Full text available on IMF |