© Copyright 2012, vLex. All Rights Reserved.
- Language
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
bankers acceptances
8 similar searches for bankers acceptances
1 headnote for bankers acceptances
658 documents for bankers acceptances
-
We examine the link between volume and liquidity in money markets where there are close substitutes. We find that the size of the market, as a proxy for trading volume, affects yield spreads over T-bill rates. We examine the bankers acceptances market, when market size declined by half over the decade of the 1990s. Controlling for interest-rate levels, day-of-the-week, calendar, term structure, credit spread, time-series, and cross-equation effects, we find that the substitution effect does not eliminate the impact of market-size changes on rates, but it does preserve the hierarchy of rates across instruments.
-
...), eurodollar deposits, commercial paper, bankers' acceptances, and repurchase agreements are exampl...
-
After a month-long run on banks, on Mar 5, 1933, Pres Franklin Delano Roosevelt declared a nationwide Bank Holiday that shut down the banking system. The following week, in his first Fireside Chat, Roosevelt appealed directly to Americans to prevent a resumption of bank withdrawals; when the banks reopened on March 13, depositors stood in line to return their hoarded cash. The success of the Bank Holiday and the turnaround in public confidence can be attributed to the Emergency Banking Act of 1933, passed by Congress on March 9. The President used the emergency currency provisions of the Act to encourage the Federal Reserve to create de facto 100% deposit insurance in the reopened banks. The Bank Holiday and the Emergency Banking Act reestablished the integrity of the US payments system...
... "He made everyone understand it, even the bankers.". Roosevelt's oratory certainly played an importa..., bills of exchange, or bankers' acceptances, acquired under the provisions of this act." Feder...
