The London Interbank Offered Rate (LIBOR) is a widely used indicator of funding conditions in the interbank market. As …

The risk premium contained in the interest rates on three-month interbank deposits at large, internationally active … and risk premia in the money market, as well as the reaction of the interbank markets to central bank liquidity provisions …

We show that the liquidation value of collateral depends on who is pledging it. We employ transaction-level data on … collateral that they pledge. The premium in corporate loan markets amounts to 25 basis points. Our results imply that liquidation … value contains a component at the borrower-collateral level, and that lenders monitor and price-in the interdependency …

that tighter financial regulation increases interbank rates but lowers broad rates (in which lenders are non-banks) and that … between regions with interbank rates and broad rates. …

Collateral plays a very important role in financial markets. Without easy access to high-quality collateral, dealers … economy through increased financing costs. The role of collateral has become increasingly significant since the global … paper introduces a new measure of collateral reuse and studies the drivers of the cost of obtaining high-quality collateral …