Pledged Collateral Market's Role in Transmission to Short-Term Market Rates /

In global financial centers, short-term market rates are effectively determined in the pledged collateral market, where banks and other financial institutions exchange collateral (such as bonds and equities) for money. Furthermore, the use of long-dated securities as collateral for short tenors-or e...

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Bibliografiske detaljer
Hovedforfatter: Singh, Manmohan
Andre forfattere: Goel, Rohit
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2019.
Serier:IMF Working Papers; Working Paper ; No. 2019/106
Online adgang:Full text available on IMF