Interbank liquidity funding enhanced with newly-adopted repurchase framework – BoG
Liquidity funding across the interbank market is receiving a major boost as banks continue to adopt the Global Master Repurchase Agreement (GMRA)-based guidelines for repurchase agreements (repos), the Bank of Ghana has said. Introduced in 2019, the GMRA framework offers a low-risk option for short-term investment and liquidity funding on the financial market. It contains a key feature that...