“Today the European Central Bank (ECB) is publishing a report entitled Euro Money Market Study 2008. The main conclusions of the study indicate that: Aggregated turnover in the euro money market decreased for the first time since 2004 (in the second quarter of 2008, as compared with the second quarter of the previous year). The most notable decreases in activity took place in the following segments: overnight index swaps (OIS) (-32%), the secured market (-16%) and the unsecured market (-12%). The secured segment remains the largest segment of the euro money market…”