Overnight interbank markets and the determination of the interbank rate: a selective survey
(2016)
Journal Article
Green, C. J., Bai, Y., Murinde, V., Ngoka, K., Maana, I., & Tiriongo, S. (2016). Overnight interbank markets and the determination of the interbank rate: a selective survey. International Review of Financial Analysis, 44, https://doi.org/10.1016/j.irfa.2016.01.014
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 ove... Read More about Overnight interbank markets and the determination of the interbank rate: a selective survey.