- Tytuł:
-
Propozycje zmian wyznaczania stóp rynku międzybankowego określających rzeczywistą cenę pieniądza
Proposed Changes to Determine Interbank Market Rates Specifying the Real Price of Money - Autorzy:
- Gradoń, Witold
- Powiązania:
- https://bibliotekanauki.pl/articles/587530.pdf
- Data publikacji:
- 2013
- Wydawca:
- Uniwersytet Ekonomiczny w Katowicach
- Tematy:
-
Pieniądz
Rynek międzybankowy
Interbank market
Money - Opis:
- Before the crisis in 2008 the most popular way to finance lending was borrowing the missing funds from the interbank market. With the crisis in this market turnover significantly decreased, and with it came the question marks on the measure of the market, which is IBOR. In Poland WIBOR does not reflect the current real price of money in the interbank market in periods other than overnight. Due to the fact that WIBOR used numerous agreements and the current formula does not work in the interests of all market participants, it is to set it according to the new methodology. There are also ideas to replace WIBOR with another, more real ratio or index.This problem also applies to the most important rate, which is the LIBOR. Following the disclosure of the amount of manipulation the British Financial Services Authority (FSA) has prepared a report with recommendations to modify the rules for determining LIBOR. The article presents a proposal for changes in the way of setting IBOR rate, which will reflect the actual price of money regardless of the situation on the financial market.
- Źródło:
-
Studia Ekonomiczne; 2013, 173; 81-94
2083-8611 - Pojawia się w:
- Studia Ekonomiczne
- Dostawca treści:
- Biblioteka Nauki
Artykuł