Determinantes de la tasa interbancaria de préstamos en Argentina

Arbeitspapier

This paper analyzes the determinants of the interest rate of short-term unsecured loan inter-bank market (call) in Argentina. The results show that the heterogeneous nature of the entities, in terms of size and origin of ownership, impacts on the interest rate agreed. Other additional aspects, such as the linkages between entities and the degree of supply or demand concentration, also affect the cost of funding. The structure of the market and the repo rates established by the BCRA are also relevant. Finally, the interest rate reacts positively when banks have a higher demand for liquidity, due to both seasonality and episodes of reduction in deposits.

Angaben zum Objekt

• Sprache: Spanisch

Verweise und Beziehungen

• Erschienen in: Series: Working Paper ; No. 2009/41

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Interest Rates: Determination, Term Structure, and Effects ; Central Banks and Their Policies ; Information and Market Efficiency; Event Studies; Insider Trading ; Banks; Depository Institutions; Micro Finance Institutions; Mortgages
• Thema: Argentina ; interest rate ; monetary policy ; short-term liquidity markets ; Geldmarkt ; Zins ; Argentinien

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Anastasi, Alejandra ; Elosegui, Pedro ; Sangiácomo, Máximo
• Ereignis: Veröffentlichung
• (wer): Banco Central de la República Argentina (BCRA), Investigaciones Económicas (ie)
• (wo): Buenos Aires
• (wann): 2009

Weitere Informationen

• Handle: http://hdl.handle.net/10419/86135
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ