Search Results - subject:"COMMERCIAL PAPER"

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/10015415763

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

The meandering trajectories of financial innovations : commercial paper and its uses in sixteenth-century Lyon's trading networks

Matringe, Nadia - In: Financial history review 30 (2023) 2, pp. 198-230

Persistent link: https://www.econbiz.de/10014436868

Do credit lines provide reliable liquidity insurance? : evidence from commercial-paper backup lines

Amberg, Niklas - 2023

Commercial-paper backup lines account for a substantial share of undrawn loan commitments in the corporate sector, but … commercial-paper market during the COVID-19 pandemic as an exogenous shock to the supply of market-provided liquidity. I find … that backup lines provide commercial-paper issuers with reliable liquidity insurance and that banks' liquidity provision …

Persistent link: https://www.econbiz.de/10014301414