Unique and proprietary data of the illiquid, one-year non cancelable for three month Bermudan swaps (1Y NC 3M swaps) and one-year non callable for three months Bermudan CDs (1Y NC 3M CDs), provides evidence of market efficiency. The 1Y NC 3M swap and 1Y NC 3M CD markets efficiently reflected...

Rationale This article analyses the factors that are contributing to the widening of the spread between the euro short-term rate (€STR) and the deposit facility rate, with a view to assessing monetary policy transmission in the Eurosystem. Takeaways •The key factors that explain the...

Ziel dieser Arbeit war es, Asset Backed Securities anhand der Untersuchung von deren Konstruktionsmerkmalen und derDiskussion über deren potentielle Vor- und Nachteile gegenüber traditionellen Finanzierungsalternativen zu charakterisieren undzu analysieren. Insbesondere sollte ein möglicher...

Lia Nazliana Nasution, 2010, Analysis of Interest Rate Determination in Indonesia, under the guidance of Dr. Dede Ruslan, M.Si (Chairman), Drs. Rahmad Sumanjaya, M.Si (Member).The purpose of this study is to analyze the effect of the previous year goverment expenditure, the expectation of...

This study analyzes the interaction of fiscal and monetary policy on macroeconomic variables, in this study is the Real Budget Deficit (100*) (Government Expenditures-Tax/Consumer Prices Index), The Money Supply, Exchange Rates, Interest Rates and GDP.The collection of data obtained from...