moves in sync with the shape of the term structure. At bank level, however, the time variation of the exposure is largely …

moves in sync with the shape of the term structure. At bank level, however, the time variation of the exposure is largely …

for earnings from bank-individual maturity transformation strategies, we find all banks to charge additional fees for …This paper explores the extent to which interest risk exposure is priced in bank margins. Our contribution to the … and returns from maturity transformation. Banks price interest risk according to their individual exposure separately in …

This paper explores the extent to which interest risk exposure is priced in bank margins. Our contribution to the … maturity transformation. Banks price interest risk according to their individual exposure separately in loan and deposit …

for earnings from bank-individual maturity transformation strategies, we find all banks to charge additional fees for …This paper explores the extent to which interest risk exposure is priced in bank margins. Our contribution to the … and returns from maturity transformation. Banks price interest risk according to their individual exposure separately in …

interest rate environment determined by European Central Bank (ECB)'s unconventional monetary policy measures, we consider two … sub-periods: 2006-2011 and 2012-2018. Banks' net interest margin increases with the intensity of maturity transformation … derivatives positions. Maturity transformation is associated with an increase in interest rate risk exposure, again with an impact …