What drives interbank loans? : evidence from Canada / by Narayan Bulusu and Pierre Guérin.: FB3-5/2018-5E-PDF
“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.
Permanent link to this Catalogue record:
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| Department/Agency | Bank of Canada. |
|---|---|
| Title | What drives interbank loans? : evidence from Canada / by Narayan Bulusu and Pierre Guérin. |
| Series title | Bank of Canada staff working paper, 1701-9397 ; 2018-5 |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Electronic |
| Electronic document | |
| Note(s) | "January 2018." Includes bibliographical references (p. 23-26). Includes abstract in French. |
| Publishing information | [Ottawa] : Bank of Canada, 2018. |
| Author / Contributor | Bulusu, Narayan. Guérin, Pierre,1984- |
| Description | ii, 39 p. : col. charts. |
| Catalogue number |
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| Subject terms | Financial institutions Markets Loans |
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