Descriptive Statistics for Bankers' Acceptances
by Period This table contains rate levels and spreads across two periods.
At the inception of the Federal Reserve in 1913, it was presumed that Federal Reserve assets would primarily consist of short-term privately issued paper, such as bankers' acceptances
, trade acceptances, and bills of exchange.
are instruments through which banks act as intermediaries between importers and exporters, by guaranteeing to make payments to the exporter on a specific date.
Letter of credit - sight basis with bankers' acceptances
money market funds and other money market instruments including commercial paper, certificates of deposit bankers' acceptances
and corporate medium-term notes.
The total size of trade finance assets outstanding globally is approximately $4 trillion, of which only about $500 billion, or 13%, is bank-intermediated in the form of bank products such as letters of credit, bankers' acceptances
and trade loans.
In addition, there were outstanding undrawn letters of credit of $226 million and bankers' acceptances
of $300 million outstanding against the revolver.
According to Central Bank of the UAE's released monthly report, gross bank assets, including bankers' acceptances
, increased by 0.
Gross bank assets including bankers' acceptances
, decreased by 0.
9 million and bankers' acceptances
of $430 million outstanding against the revolver.
Government securities, certificates of deposit, repurchase agreements, commercial paper, bankers' acceptances
, bank time deposits and money market funds.
Assets at banks, including bankers' acceptances
, dropped 0.