As Part of the Basel III Liquidity Reforms the RBA

question 51

Multiple Choice

As part of the Basel III liquidity reforms the RBA will establish a secure committed liquidity facility.

• A)This is necessary due to the shortage of capital required to be held by FIs.
• B)This is necessary due to the shortage of Australian government debt, T-bonds and T-notes, used in open market operations.
• C)This is necessary due to the shortage of international funds to purchase repos.
• D)All of the listed options are correct.

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