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BC modifies the regulation of Liquidity Financial Lines

The Central Bank on Wednesday reported that it has amended the Liquidity Financial Facilities (LFL) regulation to include bank credit notes (CCBs) in the list of assets eligible as collateral and establish a permanent operating limit for the term liquidity facility ( LLT).

According to a press release, this is a structuring action with the aim of increasing the efficiency of the market in a new phase of improvement of the classic role of the BC as lender of last resort.

Source: Terra

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