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Who Is Borrowing and Lending in the Eurodollar and Selected Deposit Markets?

Gara Afonso, Gonzalo Cisternas and Will Riordan
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Gonzalo Cisternas: https://www.newyorkfed.org/research/economists/cisternas

No 20240513, Liberty Street Economics from Federal Reserve Bank of New York

Abstract: A recent Liberty Street Economics post discussed who is borrowing and lending in the federal funds (fed funds) market. This post explores activity in two other markets for short-term bank liabilities that are often perceived as close substitutes for fed funds—the markets for Eurodollars and “selected deposits.”

Keywords: Eurodollars; Selected Deposits; fed funds; federal funds (search for similar items in EconPapers)
JEL-codes: E43 G21 (search for similar items in EconPapers)
Date: 2024-05-13
New Economics Papers: this item is included in nep-ban
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