Published on
January 16, 2023
- 00:00 GMT
The safe asset potential of EU-issued bonds
by Tilman Bletzinger, William Greif, and Bernd Schwaab[1] Modern financial systems rely on safe assets. A “safe asset” is defined by three characteristics (Brunnermeier et al., 2016, 2017, Brunnermeier and Huang, 2018, Gorton and Ordonez, 2022). First, it …
Distribution channels:
Banking, Finance & Investment Industry
