Surviving the liquidity squeeze
The week leading up to the expiry of the European Central Bank’s (ECB) one-year long-term refinancing operation (LTRO) on July 1 was watched with interest by the media and traders alike. Hot on the heels of the sovereign debt crisis, many pundits assumed a large number of eurozone banks would rely heavily on ECB funding, and expected a substantial drawdown on the ECB’s three-month LTRO on June 30 to compensate for the one-year operation’s expiry.
For these onlookers, the events leading up to
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Interest rate derivatives
Risk Management
EBA warns banks over loan-loss model tinkering
Senior executive says methods of adjusting IFRS 9 models to “smooth” outputs should be investigated
Receive this by email