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Illya Gerasymchuk
Entrepreneur / Engineer
User Illya Gerasymchuk -

2025-07-31 10:27

the majority of liquidity is actually created in wholesale short-term debt markets ON RRP addresses exactly that sector, thus setting the lower bound of the target interest rate corridor for the broader financial sector

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ON RRP further reinforces the the floor for the market-wide interest rates since it's accessible to a broader set of financial institutions - not only banks. those now also have little incentive to lend below the ON RRP rate

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