in price dispersion. TRACE-associated decreases in crossfund bond mark dispersion provide indirect support for …

find that, in the first year, the impairments of banks' bond portfolios are much larger than the reductions in their net … interest derivatives have lower impairments in their bond portfolios. In addition, we find that banks' exposures to interest …

match the return on their euro government bond portfolio with their own funding costs. In addition, prospects for a …