04486oam 22012134 450 991078834480332120230721045615.01-4623-0029-41-4519-8627-01-4518-7080-997866128417361-282-84173-4(CKB)3170000000055125(SSID)ssj0000943987(PQKBManifestationID)11573584(PQKBTitleCode)TC0000943987(PQKBWorkID)10982751(PQKB)10263628(OCoLC)467921367(MiAaPQ)EBC1605855(IMF)WPIEE2008222(EXLCZ)99317000000005512520020129d2008 uf 0engurcnu||||||||txtccrCentral Bank Collateral Frameworks : Principles and Policies /Rebecca McCaughrin, Simon Gray, Alexandre ChaillouxWashington, D.C. :International Monetary Fund,2008.1 online resource (69 pages) illustrations (some color)IMF Working PapersIMF working paper ;WP/08/222Bibliographic Level Mode of Issuance: Monograph1-4519-1533-0 Includes bibliographical references.Central bank collateral policies came under pressure with the 2007-08 financial market crisis. This paper addresses the rationale for and constraints in taking collateral, and recent practices in different collateral frameworks. It then considers the risks of adverse selection. The paper concludes that (i) the collateral framework needs to include market incentives; (ii) central banks face trade-offs between risk and counterparty access; (iii) emerging markets may see pressure on collateral policies in coming years; and (iv) further work is required to develop pricing incentives and the structure of central bank facilities, both during normal times and in periods of market stress.IMF Working Papers; Working Paper ;No. 2008/222Banks and banking, CentralFinancial crisesBank loansRisk managementLiquidity (Economics)Banks and BankingimfFinance: GeneralimfInvestments: GeneralimfIndustries: Financial ServicesimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfCentral Banks and Their PoliciesimfGeneral Financial Markets: General (includes Measurement and Data)imfPortfolio ChoiceimfInvestment DecisionsimfFinanceimfBankingimfInvestment & securitiesimfCollateralimfOpen market operationsimfSecuritiesimfLiquidityimfLoansimfBanks and bankingimfFinancial instrumentsimfEconomicsimfUnited StatesimfBanks and banking, Central.Financial crises.Bank loans.Risk management.Liquidity (Economics)Banks and BankingFinance: GeneralInvestments: GeneralIndustries: Financial ServicesBanksDepository InstitutionsMicro Finance InstitutionsMortgagesCentral Banks and Their PoliciesGeneral Financial Markets: General (includes Measurement and Data)Portfolio ChoiceInvestment DecisionsFinanceBankingInvestment & securitiesCollateralOpen market operationsSecuritiesLiquidityLoansBanks and bankingFinancial instrumentsEconomics332.11McCaughrin Rebecca1493497Gray Simon166176Chailloux Alexandre1465919DcWaIMFBOOK9910788344803321Central Bank Collateral Frameworks3716499UNINA01087nam0 22002771i 450 UON0038454520231205104544.23120100930d1946 |0itac50 baitaIT|||| 1||||ˆIl ‰PecoroneNikolaj LjeskovTraduzione dall'originale russo di Piero CazzolaTorinoFrassinelli tipografo Editore1946xvii, 162 p.18 cm.ITTorinoUONL000014891.733Letteratura russa. Narrativa 1800-191722LESKOVNikolaj SemenovičUONV109982440627CAZZOLAPieroUONV003447FrassinelliUONV250013650LJESKOV, NicolaLESKOV, Nikolaj SemenovičUONV199018ITSOL20241122RICASIBA - SISTEMA BIBLIOTECARIO DI ATENEOUONSIUON00384545SIBA - SISTEMA BIBLIOTECARIO DI ATENEOSI RUSSO B 0040 SI MR 18121 7 0040 Pecorone1735693UNIOR