BoE researchers posit dual model of interbank markets

Economists 'map' the interbank market to find contagion risks

Bank of England

Separating the interbank market into exposures and funding structures helps to shed light on sources of contagion, shows research published by the Bank of England.

In the working paper, Mapping the UK interbank system, authors Sam Langfield, Zijun Liu and Tomohiro Ota construct these two parts of the network using data on interbank exposures from 2011 – the year a new regulatory dataset was launched. The set comprises nearly 10 million observations.

The researchers find the exposures network

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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