Evolution of the Reserve Bank’s liquidity facilities
AbstractIn this article, the evolution of the liquidity management regime over the past few years is detailed. This evolution is placed in the context of the prevailing financial market stresses. The robustness and adaptability of the system to a variety of shocks is discussed. Particular mention is made of the steps taken in the past year to ensure the stability of the New Zealand financial system.
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Bibliographic InfoArticle provided by Reserve Bank of New Zealand in its journal Reserve Bank of New Zealand Bulletin.
Volume (Year): 71 (2008)
Issue (Month): (December)
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- Mauricio Calani & Kevin Cowan & Pablo García S., 2011.
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