Search Results - subject:"COMMERCIAL PAPER"

South Korea: corporate liquidity support organization

Engbith, Lily S. - In: The journal of financial crises 4 (2022) 2, pp. 1641-1662

Persistent link: https://www.econbiz.de/10013448968

Sweden: commercial paper purchases

Mott, Carey K. - In: The journal of financial crises 4 (2022) 2, pp. 1663-1689

Persistent link: https://www.econbiz.de/10013448970

Banks’ Private Money Creation and Market Preferences : Evidence from Banks’ Commercial Paper Issuance

Aghasian, Mostafa - 2023

Unsecured short-term creditors of banks face the write-off risk of their securities in the event of bank runs. To prevent frequent failures, banks are required to maintain a certain level of equity within their capital structure. Thus, the short-term investors expect the disclosed equity to...

Persistent link: https://www.econbiz.de/10014355083

Determinants of short-term corporate yield spreads : evidence from the commercial paper market

Huang, Jing-Zhi; Liu, Bibo; Shi, Zhan - In: Review of finance : journal of the European Finance … 27 (2023) 2, pp. 539-579

Persistent link: https://www.econbiz.de/10014317896

Commercial Paper Markets in the Benchmark Reform for EURIBOR Rates : Effective Lower Bound Era

Junttila, Juha-Pekka; Tauriainen, Juha-Matti - 2023

submitted by Panel Banks at each defined tenor on a given day. This paper studies the role of the financial Commercial Paper (CP …

Persistent link: https://www.econbiz.de/10014355445

From purchases to exit: central bank interventions in corporate debt markets

Breckenfelder, Johannes; Schepens, Glenn - 2025

Central banks increasingly act as market-makers-of-last-resort, yet the impact and exit of such interventions remain poorly understood. Using euro-area data, we analyze the cycle of market freeze, intervention, and exit in short-term debt markets. A run on money market funds (MMFs) triggered a...

Persistent link: https://www.econbiz.de/10015432217

Macroeconomic effects of quantitative easing using mid-sized Bayesian vector autoregressions

Stefański, Maciej - 2021

Persistent link: https://www.econbiz.de/10012654928

The Commercial Paper Funding Facility

Boyarchenko, Nina; Crump, Richard K.; Kovner, Anna; … - 2021

The Federal Reserve reestablished the Commercial Paper Funding Facility (CPFF 2020) in response to the disruptions in … the commercial paper market triggered by the COVID-19 pandemic and subsequent economic shutdowns. The CPFF 2020 was … designed to support market functioning and provide a liquidity backstop for the commercial paper market. This paper provides an …

Persistent link: https://www.econbiz.de/10012625890

Collateral deterioration and search for yield in shadow banking

Gallo, Angela; Casu, Barbara - 2021

Persistent link: https://www.econbiz.de/10013164746

Corporate Funding in a Liquidity Crisis : Commercial Paper and Central Bank Interventions

Breckenfelder, Johannes; Schepens, Glenn - 2022

We study the determinants of the liquidity dry-up in the commercial paper market in March 2020 and the role of central … investors in the commercial paper market - that faced investor outflows. Using security-level fund holdings, we establish that … paper if their commercial paper was held by funds experiencing larger investor outflows. We show that the revival of the …

Persistent link: https://www.econbiz.de/10013290835