Paavola, Aleksi; Voutilainen, Ville - 2024
Bank of Finland after the COVID-19 pandemic in 2020 and loanlevel corporate credit data from the Finnish implementation of …We study the effect of collateral eligibility of corporate loans on the pricing of these loans by banks in Finland …. Speciftcally, we investigate whether loans that are pledgeable as collateral for central bank borrowing have lower liquidity premia …