Lending Interest Rates and Bank Spreads potx

... about lending interest rates and bank spreads? Once per year, the BCB publishes (in Portuguese) the “Credit and Banking Economy Report”, which includes the most complete data available on lending ... between the lending and funding interest rates, stood at 22.4% p.a. Graph 5 illustrates the evolution of the average bank spread since January 2001 (including fixed, floa...

Ngày tải lên: 06/03/2014, 02:21

... leading to lower lending rates and narrower interest rate spreads. On the other hand, the results show that operating costs do not affect lending rates and interest rate spreads. These results ... market rates have a positive effect on lending rates and interest rate spreads. Capital adequacy has a different effect on lending rates. To quote the author, ‘…ba...

Ngày tải lên: 22/03/2014, 23:20

... commercial banks and by flooding the system with liquidity so as to drive short-term interest rates close to zero. Although counterparty risk is now in abeyance, forcing short-term interest rates ... expenditures and cutting taxes. Central banks followed the lead of the U.S. Federal Reserve by driving down short-term interest rates toward zero: almost exactly zero for overn...

Ngày tải lên: 22/03/2014, 17:20

... PASS-THROUGH OF MONEY MARKET INTEREST RATES TO BANK INTEREST RATES AND BANK LOANS This section examines the pass-through of money market interest rates to bank lending rates and bank loans, based not ... of banking institutions as factors deter- mining the evolution of interest rates and bank loans. 2. MODELLING BANK INTEREST RATES 2.1. Theoretical de...

Ngày tải lên: 15/03/2014, 01:20

... 25, 2008. Strikes and vols are expressed as differences from the respective ATM values. Source: Bloomberg. Andersen and Andreasen (2002), Piterbarg (2005), Wu and Zhang (2006) and Zhu (2007). In ... evolution of FRA rates and forward rates belonging to the discount curve. We will start by analyzing the basic lognormal case and then add stochastic volatility. The dynamics of FRA...

Ngày tải lên: 15/03/2014, 07:20

... money, and money- and bond-market interest rates • Policy instruments: various policy interest rates (including rediscount, re -lending, banks’ benchmark lending and deposit rates) , reserve requirements, ... no longer bank- only market. Dong He and Honglin Wang Dual-track Interest Rates and the Conduct of Monetary Policy in China 14 Interest rates (y...

Ngày tải lên: 29/03/2014, 13:20

... Equity Lending Rate Return on Equity and Lending Rates Percent (%) 10 20 30 40 50 60 Namibia Zambia Kenya Mozambique South Africa Uganda Return on Equity Lending Rate Return on Equity and Lending Rates Percent ... influences the cost of funds and thereby the lending interest rates; and (ii) To ascertain which factors have significantly contributed to the high leve...

Ngày tải lên: 15/02/2014, 05:20

... maturity Figure 7: Nominal and Real Yields and BEI Rates Five- and ten-year nominal and real zero-coupon US Treasury yields with associated BEI rates and implied BEI rates from the joint AFNS ... includes Ang, Bekaert, and Wei (2008), Chernov and Mueller (2008), H¨ordahl and Tristani (2008), D’Amico, Kim, and Wei (2008), Haubrich, Pennacchi, and Ritchken (2008), and...

Ngày tải lên: 17/02/2014, 03:20

Ngày tải lên: 06/03/2014, 02:21

Ngày tải lên: 15/03/2014, 01:20