Laine, Tatu; Nummelin, Tuomas; Snellman, Heli - Suomen Pankki - 2011
This study utilises payment system data to analyse market participants’ liquidity usage and to trace interest rates … used in the analysis produces overnight interest rates that correlate very closely with the EONIA curve. Based on Finnish … paid, on average, lower overnight interest rates than other banks in the euro area. However, the results reveal there has …