IMF-清算之外:中央对手方对保证金追缴现金的投资与风险管理(英)-2026.pdfVIP

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IMF-清算之外:中央对手方对保证金追缴现金的投资与风险管理(英)-2026.pdf

BeyondClearing

CentralCounterparties’Investmentand

RiskManagementofCashfromMargin

Calls

ElisaLetizia,PierpaoloGrippa,FranckViollet

WP/26/212

IMFWorkingPapersdescriberesearchin

progressbytheauthor(s)andarepublishedto

elicitcommentsandtoencouragedebate.

TheviewsexpressedinIMFWorkingPapersare

thoseoftheauthor(s)anddonotnecessarily

representtheviewsoftheIMF,itsExecutiveBoard,

orIMFmanagement.

2026

OCT

©2026InternationalMonetaryFundWP/26/212

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