---
title: Quantitative Tightening in Segmented Interbank Markets
url: https://www.ml-quant.com/papers/ssrn/7678418/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-11-06
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7678418
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7678418
featured: 2026-11-06
citations: unknown
topic: Macro-Finance & Rates
---


# Quantitative Tightening in Segmented Interbank Markets

Models how central banks must retain more reserves for rate control when interbank trading cannot redistribute reserves across heterogeneous banks, even if aggregate demand is sufficient.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7678418
- Identifier: SSRN 7678418
- Released: 2026-11-03
- First featured: Quant Letter No. 138 (2026-11-06): https://www.ml-quant.com/issues/2026-11-06/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates
- Authors: Junko Oguri, Cristoforo Pizzimenti

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