2024/10/21 by Victor Le Coz, Nolwenn Allaire, Coz, Victor Le +5
Business, Management and Accounting · #FOS: Economics and business #FOS: Physical sciences #General Economics (econ.GN) #General Finance (q-fin.GN) #Organizational Management and Leadership #Statistical Mechanics (cond-mat.stat-mech)
paper · pdf · doi:10.48550/arxiv.2410.16021
openalex publication_date 2024/10/21 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
Using the secured transactions recorded within the Money Markets Statistical Reporting database of the European Central Bank, we test several stylized facts regarding interbank market of the 47 largest banks in the eurozone. We observe that the surge in the volume of traded evergreen repurchase agreements followed the introduction of the LCR regulation and we measure a rate of collateral re-use consistent with the literature. Regarding the topology of the interbank network, we confirm the high level of network stability but observe a higher density and a higher in- and out-degree symmetry than what is reported for unsecured markets.