LTRO a good thing but beware dependency, warns BIS
Central banks’ measures to re-open bank funding markets have helped put the financial sector back on track, but many banks are now reliant on liquidity from official institutions, the Bank for International Settlements said this week.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts