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
Ashley is a professional author and journalist, working at 247 News Update. She writes on various topics from economy  news to general interest pieces, providing readers with relevant and informative content. She brings a unique perspective and in-depth analysis to her work.