Series: IMF Working Papers
Author(s): V. Brousseau , Alexandre Chailloux , and A. Durré
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 29 May 2013
Keywords: Libor, fixings, Unsecured Money Market, Benchmarking System, money market, derivative, hedging, interest rate derivatives, financial institutions, General
Interest rate derivatives on major currencies, with notional outstanding amounts adding up to hundreds of trillions, are mostly indexed on Libor and Euribor benchmarks, as are hundreds of billions in loans to enter...