Liquidity
Stability versus solvency
There is still far too much regulatory forbearance on troubled bank debt
NY Fed speeds up repo withdrawal
US banks’ demand for cash remains high as NY Fed’s first term repo is oversubscribed
PBoC loosens credit for province hit by coronavirus
New banknotes issued in bid to slow spread of disease, officials say
Coronavirus contagion risk prompts central bank action
Asian central banks deploy contingency plans and tell banks to minimise risk of virus spread
BoE paper highlights non-linearities in bank funding and solvency
Results could be important consideration in stress-test design, authors say
Central Banking Awards 2020: the winners
All the winners in the 2020 Central Banking Awards
Basel III changed securities dealing – Bank of Canada paper
Regulations have changed dealers’ behaviour and reduced risk, study finds
Collateral management services: National Bank of Georgia/Montran
Duo developed Georgia’s fully automated new collateral framework
Fed’s repo tapering plans hit snag
Banks demand double what was on offer at Fed’s first reduced repo offering
Economics in central banking: Matteo Maggiori, Brent Neiman and Jesse Schreger
Global Capital Allocation Project has helped pick apart tangled network of cross-border capital flows
Advisory services: Deloitte
Consultancy has shown strength in wide range of tech and governance advisory roles
Governor of the year: Mark Carney
Carney has played a vital role in managing Brexit risks
PBoC injects 1.2 trillion yuan as markets plunge
Chinese central bank eases to support economy as coronavirus spreads
Central bank of the year: Bank of Ghana
African central bank has carried out extensive reform of Ghana’s banking sector
Financial market infrastructure services: Bloomberg
US firm has helped central banks improve monetary operations and deepen forex markets
Fed leaves monetary stance unchanged but tweaks IOER
FOMC also announces updated plans on its balance sheet and repo market interventions
PBoC extends market closure as coronavirus spreads rapidly
Chinese central bank extends interbank markets closure and vows to maintain ample liquidity
US mutual funds' liquidity risk on the rise – Boston Fed paper
Ratio of illiquid assets to net assets increased from 2009 to 2019, researchers find
Debt securities still key in capital flows to EMEs – BIS
Latest global liquidity statistics show ongoing growth in euro and dollar liquidity
BoE says no-deal Brexit now unlikely
Bank of England ends additional liquidity supervision after passage of withdrawal agreement
Hong Kong and Thailand launch next phase of cross-border CBDC project
CBDC-based payments can cut costs and boost speed, HKMA and Bank of Thailand study shows
Cyber attack could freeze liquidity in US financial system – NY Fed paper
Attack on one bank could affect more than a third of banking system’s assets, researchers warn
Non-bank growth slowed in 2018, says FSB
Riskiest forms of non-banks still growing, but overall assets went into reverse in 2018
Fed slims down repo market interventions
Relative to year-end, the Fed will cut $250 billion of the cash offered to banks