Seminario DADMIN: Sebastián Infante (FRB-USA)
Fecha de inicio: 23 de Abril de 2025, 14:00 hrs.
Fecha de término: 23 de Abril de 2025, 15:00 hrs.
Estimados/as Académicos/as,
Les extendemos la invitación al seminario organizado por el Departamento de Administración, en el que se presentará el artículo: "Liquidity Management of Bank-Affiliated Broker Dealers: The Role of Internal Repo Market".
Expone: Sebastián Infante, Federal Reserve Board, USA.
This paper studies the role of internal repo markets to intermediate funding between counterparties affiliated with the same bank holding company (BHC). Using confidential transaction-level data, we find that Treasury repo rates between affiliated entities are significantly higher than those between unaffiliated parties—a phenomenon we label the affiliated premium.
El evento será en formato presencial, en la sala H-103.
Saludos cordiales,
Dirección de Investigación