Question:

What is AOFM Securities Lending facility of Reserve bank of Australia?

by Guest776  |  12 years, 9 month(s) ago

0 LIKES UnLike

I heard about the AOFM Securities Lending facility of Reserve bank of Australia. Can someone tell me that what is AOFM Securities Lending facility of Reserve bank of Australia?

 Tags: AOFM, Australia, bank, facility, Lending, Reserve, Securities

   Report
Answer The Question I've Same Question Too

1 ANSWERS

Sort By: Date  |  Rating
  1. Guest4241
    The Reserve Bank operates a Securities Lending Facility on behalf of the Australian Office of Financial Management (AOFM). The securities available through the facility are any fixed coupon Treasury Bonds currently on public issue. The Reserve Bank will sell these securities, on an issue-by-issue basis, under repurchase agreement. This facility allows market participants to borrow bonds that are not readily available from other sources in the market.

Sign In or Sign Up now to answser this question!
You're reading: What is AOFM Securities Lending facility of Reserve bank of Australia?

Question Stats

Latest activity: 13 years, 1 month(s) ago.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Register Now