BIS report ‘takes stock' of central bank collateral policy developments

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A new report from the Bank for International Settlements (BIS) aims to "take stock" of changes in central banks' collateral policies in the light of changes prompted by "recent episodes of market stress".

The report, Central Bank Collateral Frameworks and Practices, written by a study group chaired by Guy Debelle, assistant governor of the Reserve Bank of Australia, presents the findings of a stock-taking exercise conducted by a study group consisting of experts from 16 markets committee member

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