Search Results

Showing results 1 to 4 of approximately 4.

(refine search)
SORT BY: PREVIOUS / NEXT
Author:Stehm, Jeff 

Conference Paper
Analyzing alternative daylight credit policies in real-time gross settlement systems

Proceedings , Paper 516

Working Paper
Clearance and settlement of mortgage-backed securities through the Participants Trust Company

Finance and Economics Discussion Series , Paper 214

Working Paper
An overview of the secondary market for U.S. Treasury securities in London and Tokyo

Finance and Economics Discussion Series , Paper 94-17

Working Paper
Analyzing alternative intraday credit policies in real-time gross settlement systems

This paper examines a central bank's choice of intraday credit policy for Real-Time Gross Settlement (RTGS) systems. Formal analysis of central bank objectives and commercial bank payment activity provides insight into both the choice and effects of several possible intraday credit policies. Observed intraday credit policies are interpreted within the context of the model. Among G-10 central banks, different combinations of prices, collateral, and quantity limits have been chosen to manage the supply of intraday credit. Conditions that rationalize these choices are shown to rely on a) central ...
Finance and Economics Discussion Series , Paper 1997-40

FILTER BY year

FILTER BY Content Type

FILTER BY Author

FILTER BY Keywords

PREVIOUS / NEXT