Front Matter Page
European Department
Contents
I. Introduction
II. Background and Review of the Literature
A. A Paradigm Shift
B. Towards the Thin End of the Wedge?
C. Facts and Figures
D. Recent Literature on Money Market Fixings
E. Is Fecit Cui Prodest?
III. Approaches to a More Representative Benchmarking System in the Money Market
A. The Quickest Options
B. Going Trade-Weighted on Unsecured Interbank Operations?
C. Jumping the Libor Cliff into the OIS Liquidity Pool – A View from Short-Term Derivatives Markets
D. Towards a Full Overhaul: A Total Cash Pool Index (TCPI) Benchmark
IV. Concluding Remarks
V. References