文章基本信息

标题：Intraday liquidity and the settlement of large- value payments: a simulation-based analysis
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作者：Asbjørn Enge ; senior advisor ; Frode Øverli, advisor 等
期刊名称：Economic Bulletin / Norges Bank
印刷版ISSN：0029-1676
电子版ISSN：1503-8831
出版年度：2006
期号：01
出版社：Norges Bank
摘要：Interbank systems are of great importance to the economy and the financial system. Using simulations based on real data from Norges Bank’s settlement system, this article illustrates trade-offs between delayed pay- ments and liquidity usage in interbank settlement systems. The simulations demonstrate, for example, that the speed with which payments are settled may be affected by changes in the liquidity available to settlement participants. The effect of optimisation routines in the settlement system is also simulated.