BIS Working Papers No 1202: Are low interest rates firing back? Interest rate risk in the banking book and bank lending in a rising interest rate environment
Banks' engagement in maturity transformation, by borrowing short and lending long, allows them to earn the spread between the interest rates charged on longer-term assets and the interest rate paid on shorter-term liabilities.
Topics
Continue reading with a PwC Plus-Subscription
- verified Information source
- daily updates
- completely searchable articles (with refiner)
- tailored alert
To the top