Discussion — Lecture 8: Eurodollars, Parallel Settlement
This session covers Lecture 8: Eurodollars, Parallel Settlement In introducing the Eurodollar market, this lecture helps us map the concept of lining up cash inflows and cash commitments (from Lecture 4) onto balance sheets. Notice that in the lecture, Mehrling tends not to record the actual cashflows on the balance sheets. Instead, he leaves them …
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