The collateral frameworks of the Eurosystem, the Federal Reserve System and the Bank of England and the financial market turmoil
Samuel Cheun,
Isabel von Köppen-Mertes and
Benedict Weller
No 107, Occasional Paper Series from European Central Bank
Abstract:
In response to the turmoil in global financial markets which began in the second half of 2007, central banks have changed the way in which they implement monetary policy. This has drawn particular attention to the type of collateral used for backing central banks JEL Classification: E52, E58, G01, G20
Keywords: Central Bank Repo Auctions; collateral; collateral framework; financial market turmoil 2007-9; open market operations (search for similar items in EconPapers)
Date: 2009-12
Note: 660011
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Citations: View citations in EconPapers (49)
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbops:2009107
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