Interbank market ‘almost dead’ in Europe, says Banque de France’s Mongars


The interbank market in Europe has for some time failed to operate in a functional manner and is "almost dead", according to Philippe Mongars, deputy director for market operations at the Banque de France.

Mongars made the comments during a panel discussion at Central Banking's National Asset-Liability Management symposium in London on March 29 after being asked by moderator Petra Geraats, a lecturer in the faculty of economics at the University of Cambridge, about why the euro overnight

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: