Search Results - subject:"ABCP"

Canada: Commercial Paper Purchase Program

Engbith, Lily S. - In: The journal of financial crises 4 (2022) 2, pp. 1460-1479

Persistent link: https://www.econbiz.de/10013448785

United States: Commercial Paper Funding Facility II

Engbith, Lily S. - In: The journal of financial crises 4 (2022) 2, pp. 1824-1844

Persistent link: https://www.econbiz.de/10013448980

That's how we roll: An experiment on rollover risk

Bosch-Rosa, Ciril - 2014

There is consensus that the recent financial crisis revolved around a crash of the short-term credit market. Yet there is no agreement around the necessary policies to prevent another credit freeze. In this experiment we test the effects that contract length (i.e. maturity mismatch) has on the...

Persistent link: https://www.econbiz.de/10010427066

That's how we roll: an experiment on rollover risk

Bosch-Rosa, Ciril; Melanie - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2014

There is consensus that the recent nancial crisis revolved around a crash of the short-term credit market. Yet there is no agreement around the necessary policies to prevent another credit freeze. In this experiment we test the eects that contract length (i.e. maturity mismatch) has on the...

Persistent link: https://www.econbiz.de/10011277299

That's how we roll : an experiment on rollover risk

Bosch-Rosa, Ciril - 2014

Persistent link: https://www.econbiz.de/10010402935

How do global banks scramble for liquidity? Evidence from the asset-backed commercial paper freeze of 2007

Acharya, Viral V.; Afonso, Gara; Kovner, Anna - 2013

In August of 2007, banks faced a freeze in funding liquidity from the asset-backed commercial paper (ABCP) market. We … borrowed more from the Federal Reserve's Term Auction Facility (TAF) auctions. Relative to before the ABCP freeze and relative … to their non-U.S. dollar lending, foreign banks with ABCP exposure charged higher interest rates to corporations for …

Persistent link: https://www.econbiz.de/10010333602

How do global banks scramble for liquidity? : evidence from the asset-backed commercial paper freeze of 2007

Acharya, Viral V.; Afonso, Gara; Kovner, Anna - 2013

Persistent link: https://www.econbiz.de/10009781869

La titrisation en France.

BIROUK, O.; CASSAN, L. - In: Bulletin de la Banque de France (2012) 190, pp. 99-112

La crise financière a justifié une surveillance accrue de la titrisation dans le refinancement de l’économie. Les créances titrisées en France sont en grande majorité représentatives de crédits octroyés par les banques aux ménages et aux sociétés non financières résidents.

Persistent link: https://www.econbiz.de/10010816093

Securitisation in France

O. BIROUK.; L. CASSAN. - In: Quarterly selection of articles - Bulletin de la Banque … (2012) 28, pp. 65-86

The financial crisis prompted closer supervision of securitisation as a mechanism for refinancing the economy. In France the principal underlying assets of securitisations are bank loans and credits to resident households and non-financial companies.

Persistent link: https://www.econbiz.de/10010635612

The Domestic Market for Short-term Debt Securities

Boge, Matthew; Wilson, Ian - In: RBA Bulletin (2011) September, pp. 39-48

The market for short-term debt is dominated by the issuance of bank securities. Yields on these securities act as an important reference rate within the financial system. The turmoil in global markets during recent years has led to significant changes in the short-term debt market as the funding...

Persistent link: https://www.econbiz.de/10009293098