Paavola, Aleksi; Voutilainen, Ville - 2024
. Speciftcally, we investigate whether loans that are pledgeable as collateral for central bank borrowing have lower liquidity premia … Bank of Finland after the COVID-19 pandemic in 2020 and loanlevel corporate credit data from the Finnish implementation of … Anacredit. Our main result is that we do not ftnd evidence that collateral pool expansions by the central bank signiftcantly …