01545cas a2200241 a 4500 AALejournalIMF013860 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484384916 1018-5941 BD-DhAAL BD-DhAAL Singh, Manmohan. Collateral and Monetary Policy / Manmohan Singh. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (17 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Financial lubrication in markets is indifferent to margin posting via money or collateral; the relative price(s) of money and collateral matter. Some central banks are now a major player in the collateral markets. Analogous to a coiled spring, the larger the quantitative easing (QE) efforts, the longer the central banks will impact the collateral market and associated repo rate. This may have monetary policy and financial stability implications since the repo rates map the financial landscape that straddles the bank/nonbank nexus. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2013/186 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/186/001.2013.issue-186-en.xml IMF e-Library