Working Paper

Interest on Reserves and Arbitrage in Post-Crisis Money Markets


Abstract: In this note, we use confidential, daily data on wholesale unsecured borrowing and reserve balances to empirically document several salient features of IOR arbitrage trades.

https://doi.org/10.17016/2380-7172.2136

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2018-03-01

Number: 2018-03-01-1