The Reserve Bank of Australia (RBA) took a number of temporary actions during the global financial crisis to provide liquidity and avert financial system disturbance. Which of the following were not actions supplied by the RBA?
A) Extension of collateral eligible for open market operations.
B) Longer term repos offered daily that provided funding for 6-month and 1-year terms.
C) Residential mortgage-backed securities and asset-backed commercial paper.
D) A foreign exchange swap facility to address the global shortage of euro in financial markets.
Correct Answer:
Verified
Q41: When comparing banks and mutual funds, mutual
Q47: What are the two main liquidity facilities
Q54: Australia has recently developed a market for
Q55: Liquidation of a mutual fund causes assets
Q56: Which of the following is not a
Q57: Which type of financial intermediary is more
Q62: The maturity ladder model allows a comparison
Q64: APRA requires every FI to hold sufficient
Q68: The Bank for International Settlements requires FIs
Q73: An FI can manage a drain on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents