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Міжнародні розрахунки та валюні операції - Savluk M.І.

9.4. Quoting of interest rates. Quotation Parties

Zazvichay deposit rates podaєtsya in viglyadі dvostoronnogo kotiruvannya: Rate zaluchennya - bid, tobto that rate pid yak bank scho zdіysnyuє kotiruvannya, zaluchaє resources on Pevnyi perіod, that rate rozmіschennya - offer (ask), for yakoyu Bank proponuє resources on Pevnyi perіod.

Tse means that the commercial bank receives the US dollar in a row for one month, at 6.28% of the riches, while the number is 6.38%.

The bank, which has a quotation, take care of zobovjazannya zabuchiti aboromizstiti deposit pid dan interest rate. Якщо ж він устанолює довідкові rates, він має кроджати its counterparties, пoц цей рівень rates і індидикативним (тобто лише довідковим). Іnakse rates, scho buli prokotirovanі, rozglyadayutsya yak firmy umovi, obovv'yazkov for vikonannya.

Riznitsa mizh rates bid that offer spread, vona є dzherlom pributku bank, scho zdіysnyuє kotirivannya.

On the spread of the spread, the value of the bid is the same,

• the status of bank scho zdіysnyuє kotiruvannya: velikі banks by market makers mozhut dozvoliti sobі kotiruvati Neznachny spread i oderzhuvati Prybutok for rakhunok great obsyagіv zaluchennya that rozmіschennya koshtіv. Дрібні banks з незнаним обсягом операцій змушені котирувати більш lowest score залучення та більш високі ставки розміщення ресурсів;
• The status of the bank, which is quoted : quoting the rating of the counterparty, the last spread will be quoted. Takozh toil values ​​vzaєmovіdnosini mіzh banks: Yakscho kotiruvannya zapituє bank, KOTRA regularly spіvpratsyuє s bank scho zdіysnyuє kotiruvannya, i obsyag operatsіy mіzh tsimi banks Je digit abo postіyno INCREASING then spread bude small. Yaksho and quotation is paid by the Maly Bank bank, bank, a bank, and the same as the quotation, but not prior to, the spread will be significantly larger. The goal is to reduce the interest rate to the credit for the credit risk. Ризик країни теж відіграє значну role. For example, the banks of Scandinavia interest rates will be quoted in a well-known wholesale spread piovnyano із західноєвропейськими and American banks. Після фінансової кризи 1998 р. bagato zahіdnih bankіv vzagalі vіdmovilosya od s ukraїnskimi robots that rosіyskimi banks Yakscho stink i i kotiruyut for them protsentnі rate, the deprivation Zi side of the bid;
• require in zaluchennі abo rozmіschennі resursіv: Yakscho bank vіdchuvaє GOSTR needful resource, the vіn bude kotiruvati bіlsh privablivі rates zaluchennya koshtіv, i navpaki, Yakscho bank Got znachnі nadlishki koshtіv, vіn namagatimetsya rozmіstiti їh on market analysis i Mauger kotiruvati bіlsh nizku rate rozmіschennya. Tsі chinniki mozut takozh spunukati banks kotirivati ​​lishe bet bid abo lishe offer;
• currency deposits: naybіlsh lіkvіdnim Je deposit rinok operatsіy in Dolar US, then spread bude naymenshim, visokolіkvіdnimi Je takozh rinok depozitіv in britanskih pounds, EURO including, shveytsarskih francs that yaponskih єnah. Banks can quote interest rates for takozh for deposits in other currencies, ali iz with a significantly larger spread;
• Sum of deposit : at the end of the money market the sum of deposits falls in the range of 1 to 100 million dollars. USA. Standard sum of deposit zazvichay to become 10 million. Deposit on a sum of money for 1 million will be quoted with a larger spread. The goal is tied, that is, the bank vigyodnishe zaluchati ta rozmischuvati velikі sumi (so ranks efekt scale). Розміщення deposits on the sum of $ 100 million. Povyazane with pizhvishchenimi risizami, otzhe, for such deposits will be quoted viscity interest rates.