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open market operation

'A 10 basis point spread between our key deposit and lending rates is the right starting point'
Reserve Bank decides to leave settlement account interest rate at OCR, and set reverse repo rate 10 basis points higher
by Gareth Vaughan
Reserve Bank decides to leave settlement account interest rate at OCR, and set reverse repo rate 10 basis points higher
RBNZ to pull bank term funding facility
Reserve Bank calls time on GFC, will remove the last remaining temporary liquidity facility it established from Dec 1
by Gareth Vaughan
Reserve Bank calls time on GFC, will remove the last remaining temporary liquidity facility it established from Dec 1