(Difference between pages)
imported>Doug Williamson |
imported>Administrator |
| Line 1: |
Line 1: |
| ''Bank of England.'' | | '' Banking.'' |
| | In relation to facilities provided by a group of banks, the lead bank is the bank which holds the primary deposit or lending relationship with a customer. |
|
| |
|
| (CTRF).
| | == See also == |
| | * [[Debt]] |
| | * [[Devaluation]] |
| | * [[Hard currency]] |
| | * [[Soft currency]] |
| | |
|
| |
|
| The Bank of England's Contingent Term Repo Facility (CTRF) is one of three key components of the liquidity insurance part its Sterling Monetary Framework (SMF).
| |
|
| |
| The CTRF is designed for conditions of actual or prospective market-wide stress of an exceptional nature.
| |
|
| |
|
| |
| The CTRF's key features are:
| |
| *Initiated by the Bank of England.
| |
| *Flexible term.
| |
| *Bank of England reserves (effectively cash) lent against collateral.
| |
| *Auction pricing.
| |
|
| |
|
| |
| The other two key facilities in the Bank's liquidity insurance structure are the Discount Window Facility (DWF) and the Bank's Indexed Long-Term Repo (ILTR) operations.
| |
|
| |
|
| |
| ==See also==
| |
| *[[Auction]]
| |
| *[[Bank of England]]
| |
| *[[Collateral]]
| |
| * [[Contingency]]
| |
| * [[Contingent]]
| |
| *[[Discount Window Facility]]
| |
| * [[Facility]]
| |
| *[[Indexed Long-Term Repo operations]]
| |
| *[[Liquidity]]
| |
| *[[Liquidity insurance]]
| |
| *[[Official Bank Rate]]
| |
| *[[Operational Standing Facilities]]
| |
| *[[Repo]]
| |
| *[[Reserves]]
| |
| *[[Sterling Monetary Framework]]
| |
| *[[Stress]]
| |
| *[[Term]]
| |
|
| |
| [[Category:Accounting,_tax_and_regulation]]
| |
| [[Category:The_business_context]]
| |
| [[Category:Identify_and_assess_risks]]
| |
| [[Category:Manage_risks]]
| |
| [[Category:Risk_frameworks]]
| |
| [[Category:Risk_reporting]]
| |
| [[Category:Financial_products_and_markets]]
| |
Revision as of 14:19, 23 October 2012
Banking.
In relation to facilities provided by a group of banks, the lead bank is the bank which holds the primary deposit or lending relationship with a customer.
See also
