RBNZ to remove some COVID-19-era liquidity facilities
- Wednesday, 10 March 2021
On 10 March, the Reserve Bank of New Zealand (RBNZ) announced it will end its term auction facility and corporate open market operations on 16 March. The support mechanisms allowed banks to borrow short-term funds using eligible collateral and were part of the RBNZ’s emergency response to the COVID-19 crisis in March 2020.
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