A new weekly Open Market Operation (OMO) will provide liquidity in exchange for eligible corporate and asset-backed securities, RBNZ said in a statement on Monday
WELLINGTON: The Reserve Bank of New Zealand (RBNZ) said on Monday that it was deploying more tools to provide additional liquidity to the corporate sector and support market functioning to offset the impact of the coronavirus.
A new weekly Open Market Operation (OMO) will provide liquidity in exchange for eligible corporate and asset-backed securities, RBNZ said in a statement.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
