Bahrain launches new repo instrument to foster interbank lending

The Central Bank of Bahrain

The Central Bank of Bahrain launched a new interbank repo mechanism on December 9, in an attempt to foster local interbank lending.

The mechanism allows commercial banks to sell their government securities to other banks in exchange for liquidity. The central bank’s Scripless Securities Settlement (SSS) and Real Time Gross Settlement (RTGS) systems transfer and settle the securities and funds.

“This tool will help conventional retail banks borrow from the local market at lower interest rates

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: