Settlement Balances Deconstructed
Parnell Chu,
Grahame Johnson,
Scott Kinnear,
Karen McGuinness and
Matthew McNeely
No 2022-13, Discussion Papers from Bank of Canada
Abstract:
Because of the COVID-19 pandemic, public interest in the Bank’s balance sheet and, more specifically, the size of settlement balances, has grown. This paper deconstructs the concept of settlement balances and provides some context on their history, current state and possible future evolution.
Keywords: Central bank research; Coronavirus disease (COVID-19); Financial markets; Monetary policy implementation (search for similar items in EconPapers)
JEL-codes: E E59 E6 G G01 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2022-06
New Economics Papers: this item is included in nep-acc, nep-ban, nep-cba, nep-mac and nep-mon
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:bca:bocadp:22-13
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