---
title: Systemic at Home: the Persistence of a Too-Big-to-Fail Premium in Europe
url: https://www.ml-quant.com/papers/repec/dnb-dnbwpp-868/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:dnb:dnbwpp:868
source_url: https://econpapers.repec.org/RePEc:dnb:dnbwpp:868
featured: 2026-09-25
citations: unknown
topic: Risk, Credit & Banking
---


# Systemic at Home: the Persistence of a Too-Big-to-Fail Premium in Europe

European banks with assets exceeding half of home GDP enjoy at least 30 percent lower credit spreads, and this implicit subsidy persists and depends on sovereign fiscal strength.

- Source: https://econpapers.repec.org/RePEc:dnb:dnbwpp:868
- Identifier: RePEc:dnb:dnbwpp:868
- Released: 2026-09-17
- First featured: Quant Letter No. 132 (2026-09-25): https://www.ml-quant.com/issues/2026-09-25/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Risk, Credit & Banking
- Authors: Laura Deen, Daniel Dimitrov

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