000 01862cam  2200325za 4500
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008180201s2018    oncd    ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-5/2018-5E-PDF
1001 |aBulusu, Narayan.
24510|aWhat drives interbank loans? |h[electronic resource] : |bevidence from Canada / |cby Narayan Bulusu and Pierre Guérin.
260 |a[Ottawa] : |bBank of Canada, |c2018.
300 |aii, 39 p. : |bcol. charts.
4901 |aBank of Canada staff working paper, |x1701-9397 ; |v2018-5
500 |a"January 2018."
504 |aIncludes bibliographical references (p. 23-26).
5203 |a“Financial institutions rely on interbank markets to meet demands for cash arising fromthe conduct of their business. Due to their role in reallocating funding liquidity amongparticipants in the financial system, these markets play a crucial role in the transmission of monetary policy. Despite the importance of interbank lending to the economy, there is little agreement in the literature about the variables influencing the choice of collateral posted by borrowers to obtain cash in the interbank market. Our paper analyzes the drivers of unsecured and collateralized loans (repos), which helps us understand the frictions in the interbank market"--Non-technical summary, p. 1.
546 |aIncludes abstract in French.
69207|2gccst|aFinancial institutions
69207|2gccst|aMarkets
69207|2gccst|aLoans
7001 |aGuérin, Pierre,|d1984-
7102 |aBank of Canada.
830#0|aStaff working paper (Bank of Canada)|x1701-9397 ; |v2018-5|w(CaOODSP)9.806221
85640|qPDF|s716 KB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-5-2018-5-eng.pdf