MAS ramps up liquidity support

Monetary Authority of Singapore — George Johnson

Central Banking Newsdesk
04 Sep 2020

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The Monetary Authority of Singapore has established a new lending facility to ensure the banking sector has sufficient access to both US dollar and Singapore dollar funding.

Since the Covid-19 outbreak, the MAS has launched a new dollar lending mechanism and a Singapore dollar facility for environmental, social and governance loans. On September 3, it launched an additional Singapore dollar term facility.

According to a statement, the new facility will offer funds over longer tenors, which

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