settlement cash
Big domestic banks remain central players in NZ's growing repo market which is important for monetary policy & financial stability, RBNZ's Karen Silk says
Big domestic banks remain central players in NZ's growing repo market which is important for monetary policy & financial stability, RBNZ's Karen Silk says
Reserve Bank signals the high levels of cash seen in the banking system since the onset of Covid may be gone by the second half of next year
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Reserve Bank signals the high levels of cash seen in the banking system since the onset of Covid may be gone by the second half of next year
Assistant Governor Karen Silk says RBNZ to review how it manages settlement cash in the banking system during a crisis
Assistant Governor Karen Silk says RBNZ to review how it manages settlement cash in the banking system during a crisis
Could, or should, the RBNZ cut the interest rate it pays on banks' settlement cash accounts in order to reduce the Government's interest bill?
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Could, or should, the RBNZ cut the interest rate it pays on banks' settlement cash accounts in order to reduce the Government's interest bill?
The combination of very fast rising balances (now $48.5 bln) and a fast rising OCR (now 4.75%) has turbocharged the interest payments by the RBNZ to its depositors
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The combination of very fast rising balances (now $48.5 bln) and a fast rising OCR (now 4.75%) has turbocharged the interest payments by the RBNZ to its depositors
QE, the wage subsidy and nervous investors see banks sit with more cash to lend, than borrowers to lend to
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QE, the wage subsidy and nervous investors see banks sit with more cash to lend, than borrowers to lend to