Double duty

From ACT Wiki
Revision as of 08:19, 13 March 2022 by imported>Doug Williamson (Classify page.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Bank regulation.

Double duty is the practice of using the same liquid assets, for example gilts, for two different purposes:

  • As part of a Liquid Assets Buffer (LAB); and
  • To collateralise intraday borrowing requirements.


See also