No credit without collateral
| Title: | No credit without collateral |
| Author: | Hohti, Marjaana |
| Organization: | Bank of Finland |
| Series: | Bank of Finland. Bulletin |
| Series volume: | 94 |
| Series number: | 4/2020 |
| Year of publication: | 2020 |
| Publication date: | 11.9.2020 |
| Pages: | 37-45 |
| Subject (yso): | rahapolitiikka; vakuudet; pankit; luotot; keskuspankit; rahoitus; riskit; lainat (rahasumma); arvopaperit |
| Keywords: | COVID-19; korona; Suomen Pankki; eurojärjestelmä |
| Other keywords: | corona; coronavirus; monetary policy; collateral |
| Abstract: | In order for banks to obtain credit from the central bank and payments to be transmitted smoothly, adequate collateral is required. Collateral protects the central bank against the credit risk associated with the counterparty. Central bank collateral policy is aimed at supporting the objectives of monetary policy, financial stability and the functioning of markets. |
| Note: | The accessible version of the article: https://www.bofbulletin.fi/en/2020/4/no-credit-without-collateral/ |
| Link: |
http://www.bofbulletin.fi/
|
| Rights: | https://helda.helsinki.fi/bof/copyright |
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