Term Structure in the European Interbank Market

[EN] The objective of this paper is to provide a monthly estimation of the interest rate term structure in the European interbank market since the beginning of the European Monetary Union. In order to do this, we apply the Fama-Bliss bootstrapping method with the approximating function of one of the...

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Detalles Bibliográficos
Autores: González Velasco, María del Carmen, Fanjul Suárez, José Luis, Rodríguez Fernández, María del Pilar
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2007
País:España
Institución:Ajuntament de Barcelona
Repositorio:BULERIA. Repositorio Institucional de la Universidad de León
OAI Identifier:oai:buleria.unileon.es:10612/21267
Acceso en línea:https://www.tmstudies.net/index.php/ectms/article/view/85
https://hdl.handle.net/10612/21267
Access Level:acceso abierto
Palabra clave:Contabilidad
Economía
Finanzas
Interest rate term structure
Interbank interest rates
Swap interest rates
Euribor
Interbank market
Descripción
Sumario:[EN] The objective of this paper is to provide a monthly estimation of the interest rate term structure in the European interbank market since the beginning of the European Monetary Union. In order to do this, we apply the Fama-Bliss bootstrapping method with the approximating function of one of the methods most commonly applied by the central banks, the Nelson and Siegel method (1987).