• Identification of Interbank Loans and Interest Rates from Interbank Payments - a Reliability Assessment 

      Akram, Q. Farooq; Fevolden, Mats Bay; Smith, Lyndsie (Working Paper;8/2018, Working paper, 2018)
      We investigate the reliability of the 'Furfine filter' often used to identify interbank loans and interest rates from interbank payments settled at central banks. To this end, we have been granted access to records of all ...
    • The Norwegian overnight interbank market during the Covid pandemic 

      Akram, Q. Farooq; Findreng, Jon H.; Smith, Lyndsie (Working paper;8/2023, Working paper, 2023)
      We analyse the behaviour of the Norwegian unsecured overnight interbank market in response to heightened uncertainty and the central bank's liquidity support measures following the Covid-19 pandemic. The liquidity measures ...
    • What Kind of Payments Settle in a Real Time Gross Settlement System? 

      Fevolden, Mats Bay; Smith, Lyndsie (Staff Memo;2/2018, Working paper, 2018)
      Central bank settlement systems are vital for payment intermediation and have an important role in monetary policy and financial stability. Few analyses exist that explain the purpose behind the payments that are settled ...