Euro money market interest rate dynamics
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Caroline Jardet; GaΓ«lle Le Fol
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Article
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2009
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John Wiley and Sons
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English
β 156 KB
## Abstract At the beginning of 2004, the Eurosystem implemented several modifications of its operational framework and liquidity management aiming at enhancing market efficiency. The purpose of this article is to study the effects of theses changes in the spread between the Eonia and the minimum b