Overnight interbank markets and the determination of the interbank rate: a selective survey
Overnight interbank markets provide critical facilities for the banking system to manage, pool and redistribute its cash reserves. We provide a selective survey of the literature on overnight interbank markets. We outline the typical structure of overnight markets, including the networking relations...
| Main Authors: | , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2016
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| Online Access: | http://eprints.nottingham.ac.uk/38460/ http://eprints.nottingham.ac.uk/38460/ http://eprints.nottingham.ac.uk/38460/ http://eprints.nottingham.ac.uk/38460/1/Interbank%20Market-Survey%20Paper-RVC-Final-wdoi.pdf |