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文章基本信息

  • 标题:European banks' US dollar funding pressures
  • 本地全文:下载
  • 作者:Ingo Fender ; Patrick McGuire
  • 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:2010
  • 卷号:2010
  • 期号:1
  • 出版社:Bank for International Settlements
  • 摘要:

    With major central banks having re-established temporary foreign exchange swap facilities to alleviate growing strains in short-term funding markets, European banks' US dollar funding patterns are back in the news. This article documents the persistence of these banks' aggregate US dollar funding needs, pointing to an ongoing, large-scale reliance on sources of wholesale funds and, in particular, on the foreign exchange swap market.

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