United States : Publication of Financial Sector Assessment Program Documentation: Technical Note on Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment

Author/Editor:

International Monetary Fund

Publication Date:

May 14, 2010

Electronic Access:

Free Full text (PDF file size is 455 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses Selected Issues on Liquidity Risk Management in Fedwire Funds and Private Sector Payment for the United States. While an asymmetric treatment of foreign banking organizations exists regarding the calculation of the capital measure for caps and the fee deductible, policy provisions implemented in March 2009 substantially addressed this asymmetry. Steps are needed to amend Fedwire’s settlement procedures for tri-party repo transactions, Depository Trust Company, and Clearing House Interbank Payments System to discourage late-in-the-day payments.

Series:

Country Report No. 10/122

Subject:

English

Publication Date:

May 14, 2010

ISBN/ISSN:

9781455206629/1934-7685

Stock No:

1USAEA2010004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

23

Please address any questions about this title to publications@imf.org