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Author:Mills, Rodney H. 

Journal Article
Foreign lending by banks: a guide to international and U.S. statistics

Federal Reserve Bulletin , Issue Oct

Working Paper
The cost competitiveness of the Europaper market

Very little has been written about the cost competitiveness of the market for Europaper (Euronotes and Eurocommercial paper) despite the extraordinarily rapid growth of this market over the past three years. This paper tries to compare costs to the borrower on 3-month Europaper with similar costs in the U.S. commercial paper market. On the basis of weekly data in the period June-October, the conclusion is reached that the costs may have been lower in the Europaper market roughly one-third to one-half of the time. Rates paid to investors are, at most times and for most borrowers, lower in the ...
International Finance Discussion Papers , Paper 297

Working Paper
Explaining changes in Eurodollar positions: a study of banks in four European countries

International Finance Discussion Papers , Paper 1

Discussion Paper
The Spanish \"miracle\": growth and change in the Spanish economy, 1959 to mid-1965

Staff Studies , Paper 14

Working Paper
Comparing costs of note issuance facilities and Eurocredits

Since early 1984, note issuance facilities (NIFs) have in considerable degree replaced syndicated Eurocurrency bank credits in international credit markets, especially for borrowers in industrial countries, because borrowers have found it cheaper to bypass bank syndications and obtain funds more directly by issuing Euronotes. Factors behind this include an increasing awareness of borrowing possibilities, more freedom for Japanese investors to buy foreign securities, a drop in the relative popularity of bank obligations with investors, and banks' desire to slow asset growth to improve capital ...
International Finance Discussion Papers , Paper 264

Working Paper
U.S. banks and the North American Euro-currency market

International Finance Discussion Papers , Paper 134

Discussion Paper
International banking facilities and the eurodollar market

Staff Studies , Paper 124

Working Paper
Structural change in the Eurodollar market: evidence from a two- equation model

International Finance Discussion Papers , Paper 33

Discussion Paper
The regulation of short-term capital movements: Western European techniques in the 1960's

Staff Studies , Paper 46

Working Paper
The determination of front-end fees on syndicated Eurocurrency credits

International Finance Discussion Papers , Paper 250

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