Liquidity provision through its repo auctions has been one of the main instruments of the European Central Bank (ECB … unique data set comprising repo auctions from March 2004 to October 2008 with bidding data from 877 counterparties. We find …. -- Central Bank Auctions ; Financial Market Turmoil ; Panel Sample Selection Model ; Bidding Behavior ; Monetary Policy …

bidding data from the European Central Bank's auctions for one-week loans, their main channel of monetary policy …-based measures of bank performance, suggesting the external validity of our findings. - Multiunit auctions ; primary market …

data set of 135 main refinancing operation auctions conducted at the ECB between June 2005 and December 2007. We find that … liquidity ; liquidity risk ; bidding data ; money market auctions ; interbank markets …

This paper contributes to the existing literature on central bank repo auctions. It is based on a structural …

public debt auctions. The findings indicate that Eurosystem's asset purchase flows mitigate yield cycles during auction …