Australia c.bank expands money market operations
Published: 07 Oct 2008 19:34:26 PSTSYDNEY, Oct 8 - Australia's central bank on Wednesday said it was expanding the liquidity assistance it provides commercial banks in its daily money market operations.
The Reserve Bank of Australia (RBA) said it would ease restrictions on the types of residential mortgage back securities (RMBS) it will accept as collateral for loans.
It will also offer six- and 12-month repurchase agreements each day in its operations, essentially lending for longer periods.
Go to Page
Page 1 of 1
1
If you believe an article violates your rights or the rights of others, please contact us.
Digg
Reddit
Mixx it
FacebookRelated News
Most Read
- 1BYD Auto to expand into solar energy field
- 2Entrepreneurblues
- 3ANALYSIS-CFTC cautious on position limits, set
- 4AUTOSHOW-INTERVIEW-UPDATE 1-Changan Ford Mazda
- 5Beware of phishing scams if you are using
- 6Beyond The Anti-Virus Arms Race
- 7Help protect yourself from phishing scams and
- 8China Longyuan Power plans HK$17.5-bln HK IPO
- 9Acer's Mobile Gamble
- 10Foreign e-commerce market expands for DIY
