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| 01784nam 2200301za 4500 |
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| 001 | 9.802824 |
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| 003 | CaOODSP |
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| 005 | 20221107135053 |
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| 007 | cr ||||||||||| |
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| 008 | 150810s2015 oncd |o f000 0 eng d |
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| 040 | |aCaOODSP|beng |
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| 041 | |aeng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-2/115-29E-PDF |
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| 100 | 1 |aEmbree, Lana. |
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| 245 | 10|aExamining full collateral coverage in Canada's large value transfer system |h[electronic resource] / |cby Lana Embree and Varya Taylor. |
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| 260 | |aOttawa : |bBank of Canada, |c2015. |
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| 300 | |av, 14 p. : |bfig., graphs, tables. |
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| 490 | 1 |aBank of Canada working paper, |x1701-9397 ; |v2015-29 |
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| 500 | |a"July 2015." |
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| 504 | |aIncludes bibliographical references. |
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| 520 | |aIn this paper, we use the Bank of Finland Simulator to examine the implications of fully collateralizing Large Value Transfer System (LVTS payments), similar to a real-time gross settlement (RTGS) system. An important caveat to consider, however, is that the simulations do not take into account the anticipated change in payment behaviour in response to a change in collateral requirements. In this regard, we include a queuing mechanism to at least reflect more efficient use of liquidity. The results indicate that collateral requirements vary by participant and some participants actually require less collateral in the simulation than what is required under the current LVTS design. |
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| 692 | 07|2gccst|aTransfer payments |
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| 692 | 07|2gccst|aEconomic analysis |
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| 700 | 1 |aTaylor, Varya. |
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| 710 | 2 |aBank of Canada. |
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| 830 | #0|aWorking paper (Bank of Canada)|x1701-9397 ; |v2015-29|w(CaOODSP)9.504604 |
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| 856 | 40|qPDF|s341 KB|uhttps://publications.gc.ca/collections/collection_2015/banque-bank-canada/FB3-2-115-29-eng.pdf |
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