Add to ORKGCentral bank settlement systems are vital for payment intermediation and have an important role in monetary policy and financial stability. Few analyses exist that explain the purpose behind the payments that are settled in these systems. In this paper we categorise payments that settle in Norges Bank's settlement system (NBO) based on their economic purpose. Interbank lending, FX trades, and payments by households and companies were the major contributors to turnover based on value and accounted for 22, 21, and 9 percent of the turnover in NBO respectively.publishedVersio
The increased fragility of the banking industry has generated growing concern about the risks associ...
AbstractA payment system is no more than an organized arrangement for transferring value between its...
Financial stability implies that the financial system is robust to disturbances in the economy and c...
Central bank settlement systems are vital for payment intermediation and have an important role in m...
The Norwegian payment system processes more than three million payment transactions every day. On so...
In this paper we consider the relative merits of net versus gross settlement of interbank payments. ...
Interbank systems are of great importance to the economy and the financial system. Using simulations...
We analyse the robustness of the settlement process in the Norges Bank settlement system (NBO) to op...
The settlement process in the Norges Bank settlement system (NBO) will be affected if an operational...
The paper starts with a brief overview of the payment system and the roles central banks have trad...
Most people are familiar with retail payments systems such as checks and credit cards. Less familiar...
Modern central banks have come to view payment systems as a key area of strategic interest, both as ...
In recent years, there has been strong international focus on risk in the payment system and most co...
This paper addresses the choice of banks between alternative channels for interbank payments. The co...
In recent years, Norges Bank has focused more strongly on its core activities as a central bank, and...
The increased fragility of the banking industry has generated growing concern about the risks associ...
AbstractA payment system is no more than an organized arrangement for transferring value between its...
Financial stability implies that the financial system is robust to disturbances in the economy and c...
Central bank settlement systems are vital for payment intermediation and have an important role in m...
The Norwegian payment system processes more than three million payment transactions every day. On so...
In this paper we consider the relative merits of net versus gross settlement of interbank payments. ...
Interbank systems are of great importance to the economy and the financial system. Using simulations...
We analyse the robustness of the settlement process in the Norges Bank settlement system (NBO) to op...
The settlement process in the Norges Bank settlement system (NBO) will be affected if an operational...
The paper starts with a brief overview of the payment system and the roles central banks have trad...
Most people are familiar with retail payments systems such as checks and credit cards. Less familiar...
Modern central banks have come to view payment systems as a key area of strategic interest, both as ...
In recent years, there has been strong international focus on risk in the payment system and most co...
This paper addresses the choice of banks between alternative channels for interbank payments. The co...
In recent years, Norges Bank has focused more strongly on its core activities as a central bank, and...
The increased fragility of the banking industry has generated growing concern about the risks associ...
AbstractA payment system is no more than an organized arrangement for transferring value between its...
Financial stability implies that the financial system is robust to disturbances in the economy and c...