BIS paper tracks new channel for funding ‘dry-ups’

Parched earth in a dry riverbed

Funding “dry-ups” in particular markets can spread to firms with no direct exposure to the troubled market, research published by the Bank for International Settlements finds.

Iñaki Aldasoro, Florian Balke, Andreas Barth and Egemen Eren note it can be hard to isolate the effects of a dry-up from the broader effects of a financial crisis, as the two often go hand-in-hand. To avoid this they focus on a particular episode in which reforms to US money market funds (MMFs) caused a funding squeeze in

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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: