00000nam 2200000zi 4500 9.951238 CaOODSP 20250521083747 m o d f cr mn||||||||| 250521t20252025oncd ob f000 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-6/2025-5E-PDF Cimon, David A., author. Will asset managers dash for cash? : implications for central banks / David A. Cimon, Jean-Philippe Dion, Jean-Sébastien Fontaine, Jabir Sandhu. [Ottawa] : Bank of Canada = Banque du Canada, 2025. ©2025 1 online resource (ii, 16 pages) : graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2025-5 "Last updated: March 17, 2025." ISSN assigned to different series. Includes bibliographical references (pages 15-16). "In times of stress, if the potential demand from asset managers for market liquidity approaches or exceeds dealers’ ability to intermediate, it could lead to a precautionary but disruptive dash for cash and may lead central banks to intervene. If the likelihood of such a dash for cash increases in the future, central banks may wish to consider enhancing their tool kits to provide asset managers with greater access to cash-like assets, regardless of dealers’ capacity to intermediate, while managing moral hazard and asset managers’ expectations of support from central banks in a crisis"--Abstract, page ii. Includes abstracts in English and French. Banks and banking, Central Research. COVID-19 (Disease) Economic aspects Canada. Financial institutions Risk management Canada. Banques centrales Recherche. COVID-19 Aspect économique Canada. Institutions financières Gestion du risque Canada. Bank of Canada, issuing body. Staff discussion paper (Bank of Canada) 2025-5. (CaOODSP)9.806273 PDF 678 KB https://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-6-2025-5-eng.pdf