Eligible bill rate and Emergency liquidity assistance: Difference between pages
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A recent term for a central bank's provision of [[lender of last resort]] support. | |||
The [[European Central Bank]]'s activity of this kind gets capital letters as its Emergency Liquidity Assistance (ELA) scheme. | |||
Revision as of 12:57, 2 August 2013
A recent term for a central bank's provision of lender of last resort support.
The European Central Bank's activity of this kind gets capital letters as its Emergency Liquidity Assistance (ELA) scheme.
