liquidity considerations, official portfolios reduce their "bias" towards the major reserve currencies. As a result, more …

financial stability. This paper extends the existing research by zooming in on the specific topic of liquidity provision to … banks in resolution. It examines the provision of liquidity in the United States, the United Kingdom, Japan, Canada and the … liquidity provision and the roles of the public budget and the central bank. The comparison also reveals that the role of fiscal …

Since 2008, excess liquidity - defined as the sum of holdings of central bank reserves in excess of reserve … small, slowly changing group of credit institutions. Despite the stability of the concentration of excess liquidity in … directing flows in the period 2015-16. In addition, the more recent concentration of excess liquidity is explained by the …

portion of banks' excess liquidity (EL) holdings from the negative interest rate of the ECB's deposit facility. The two …

individual banks and system wide, and for a given level of liquidity risk tolerance. We simulate the impact of a fictitious …) the number of deposits withdrawn and the speed at which this occurs, ii) the liquidity available within the banking system … at the time of the digital euro introduction, iii) the liquidity risk preferences of the markets and supervisors, iv) the …