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文章基本信息

  • 标题:US dollar money market funds and non-US banks
  • 本地全文:下载
  • 作者:Naohiko Baba ; Robert N McCauley ; Srichander Ramaswamy
  • 期刊名称:BIS Quarterly Review: International Banking and Financial Market Developments = BIZ-Quartalsbericht: Internationales Bankgeschäft und internationale Finanzmärkte
  • 印刷版ISSN:1012-9979
  • 出版年度:2009
  • 卷号:2009
  • 期号:1
  • 出版社:Bank for International Settlements
  • 摘要:

    The Lehman Brothers failure stressed global interbank and foreign exchange markets because it led to a run on money market funds, the largest suppliers of dollar funding to non-US banks. Policy stopped the run and replaced private with public funding.

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