Intraday Liquidity and the Settlement of Large-Value Payments: A Simulation-Based Analysis

dc.contributor.author	Enge, Asbjørn
dc.contributor.author	Øverli, Frode
dc.date.accessioned	2018-07-04T10:27:14Z
dc.date.available	2018-07-04T10:27:14Z
dc.date.issued	2006
dc.identifier.issn	0029-1676
dc.identifier.uri	http://hdl.handle.net/11250/2504308
dc.description.abstract	Interbank systems are of great importance to the economy and the financial system. Using simulations based on real data from Norges Bank’s settlement system, this article illustrates trade-offs between delayed payments and liquidity usage in interbank settlement systems. The simulations demonstrate, for example, that the speed with which payments are settled may be affected by changes in the liquidity available to settlement participants. The effect of optimisation routines in the settlement system is also simulated.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	Norges Bank	nb_NO
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no	*
dc.title	Intraday Liquidity and the Settlement of Large-Value Payments: A Simulation-Based Analysis	nb_NO
dc.type	Journal article	nb_NO
dc.subject.nsi	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212	nb_NO
dc.source.pagenumber	41-47	nb_NO
dc.source.journal	Economic Bulletin	nb_NO
dc.source.issue	1/2006	nb_NO

Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal