government debt securities market, since these assets are used as collateral both in the open market operations of the ECB and on … on the collateral market. The existence of these conventional and unconventional regimes highlights some asymmetries in …

amounts traded and the collateral delivered through initial and variation margins, as a function of idiosyncratic counterparty … risk and regulatory collateral and clearing requirements. Using the framework, we investigate numerically the size of the … derivatives network, the aggregate collateral demand and the pricing of the contracts under the following schemes: (i) various …

We examine the effects of collateral provision as a potential channel between funding liquidity tensions and the … between financial institutions to market participants that bear new liquidity risk on the market associated with collateral … are used as collateral both in the open market operations of the ECB and on the interbank market. We use a time …

This paper explores the role of diversification and size in protecting information. We present a simple two period …