Template-Type: ReDIF-Paper 1.0
Author-Name: Csaba Balogh
Author-X-Name-First: Csaba
Author-X-Name-Last: Balogh
Author-Email: baloghcs@mnb.hu
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Name: Péter Gábriel
Author-X-Name-First: Péter
Author-X-Name-Last: Gábriel
Author-Email: gabrielp@mnb.hu
Author-Workplace-Name: Magyar Nemzeti Bank


Title: The Interbank Money Market Past and Future Trends

Abstract: This paper analyses the development of the three segments of the interbank money markets in Hungary and the euro area: unsecured lending/deposit transactions, sale and repurchase agreements (repos) and FX swaps. Reviewing the experiences of some eurozone members the authors draw conclusions on the expected future development of the money market segments. The analysis of the Hungarian money market is based on regular reports by banks and on a survey covering 11 domestic commercial banks, which was conducted by the National Bank of Hungary in May 2003.

Length: 60 pages
Creation-Date: 2003
File-URL: http://www.mnb.hu/letoltes/op28.pdf
File-Format: Application/pdf

Number: 2003/28
Classification-JEL: G28, O16
Keywords: financial liberalization, financial markets 
Handle: RePEc:mnb:opaper:2003/28