Working paper / brief / BIS

What determines banks' excess demand for reserves?

Uses Swedish bank-level data to study how payment volatility, borrowing costs and interbank activity affect demand for central-bank reserves.

Source organization: BIS
Source date: 2026-09-07
Authors: Per Asberg-Sommar, Mathias Drehmann, Denise Hansson, Vatsala Shreeti
Research area: Capital & Markets
Document type: Working paper / brief

Citation

Per Asberg-Sommar, Mathias Drehmann, Denise Hansson, Vatsala Shreeti. What determines banks' excess demand for reserves?. 2026-09-07. https://www.bis.org/publications/working-paper-1376-what-determines-banks-excess-demand-reserves

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