Quite an interesting chart plotting the substitution of the Eurosystem Open Market Operations dependency for two groups of banks. Massive inversion of relative dependency there:
Source: Citi Research.
Showing posts with label Open Market Operations. Show all posts
Showing posts with label Open Market Operations. Show all posts
Thursday, October 4, 2012
4/10/2012: Kicking, Picking... Dependency
Quite an interesting chart plotting the substitution of the Eurosystem Open Market Operations dependency for two groups of banks. Massive inversion of relative dependency there:
Source: Citi Research.
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