Liquidity provision through its repo auctions has been one of the main instrumentsof the European Central Bank (ECB) to address the recent tensions infinancial markets since summer 2007. In this paper, we analyse banks’ biddingbehaviour in the ECB’s main refinancing operations (MROs) during...

Part I. The Definition and Evolution of European Central Banking Law -- Chapter 1. The Function of Central Banks and Definition of European Central Banking Law -- Chapter 2. The Establishment of the European System of Central Banks and the Eurosystem -- Chapter 3. The Establishment of the...