How does uncertainty affect the costs of raising finance in the bond market and via bank loans? Empirically, this paper … finds that heightened uncertainty is accompanied by an increase in corporate bond yields and a decrease in bank lending … the value of the lending relationship and lowers the lending rate. Bond investors demand compensation for the increased …

The bank recovery and resolution directive (BRRD) regulates the bail-in hierarchy to resolve distressed banks without …

relationship between bank solvency, on the one hand, and senior bond yields, term deposit rates and overnight deposit rates, on the …This paper investigates the relationship between bank funding costs and solvency for a large sample of euro area banks … other. The analysis finds a significant negative relationship between bank solvency and the different types of funding costs …

relationship between bank solvency, on the one hand, and senior bond yields, term deposit rates and overnight deposit rates, on the …This paper investigates the relationship between bank funding costs and solvency for a large sample of euro area banks … other. The analysis finds a significant negative relationship between bank solvency and the different types of funding costs …

-performing loans (NPLs) on bank cost of capital, credit and liquidity creation in the Eurozone. Empirical results confirm the model …-term. Moreover, the increased cost of capital reduces credit and liquidity creation, and the more so the less capitalized is the bank …

-performing loans (NPLs) on bank cost of capital, credit and liquidity creation in the Eurozone. Empirical results confirm the model …-term. Moreover, the increased cost of capital reduces credit and liquidity creation, and the more so the less capitalized is the bank …

If bail-in is credible, risk premia on bank securities should decrease as funding sources junior to and alongside them …

in France whose rates are set by the government. Using administrative credit-registry and regulatory bank data, we find …

-performing loans (NPLs) on bank cost of capital, credit and liquidity creation in the Eurozone. Empirical results confirm the model …-term. Moreover, the increased cost of capital reduces credit and liquidity creation, and the more so the less capitalized is the bank …

, which therefore reinforced the "moral suasion" mechanism. Bank exposures significantly amplified the impact of sovereign … stress on bank lending to domestic firms, as well as on lending by foreign subsidiaries of stressed-country banks to firms in …