Search: lender
RBA Glossary definition for lender
lender – A person or institution which provides loans on agreed terms to borrowers.
Search Results
Promoting Liquidity: Why and How?
27 Oct 2008
RDP
2008-06
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2008/2008-06.html
References
27 Oct 2008
RDP
2008-06
Buiter W and A Sibert (2007), ‘The Central Bank as the Market Maker of Last Resort: From Lender of Last Resort to Market Maker of Last Resort’, VoxEU. ... Stevens G (2008), ‘Liquidity and the Lender of Last Resort’, The Seventh Annual Sir Leslie
https://www.rba.gov.au/publications/rdp/2008/2008-06/references.html
Reasons for Asset Market Illiquidity
27 Oct 2008
RDP
2008-06
A third is for lenders to retain a financial interest in assets that they originate, that is, to keep some ‘skin in the game’. ... When there are asymmetric pay-offs, an increase in uncertainty can also amplify the agency problem that an investor or
https://www.rba.gov.au/publications/rdp/2008/2008-06/rea-for-asset-market-illiquidity.html
The Provision of Systemic Liquidity Services by the Public Sector
27 Oct 2008
RDP
2008-06
A third possibility is to provide an explicit loan to a solvent, but troubled, institution; this is typically known as ‘emergency liquidity assistance’ or lender-of-last-resort (LOLR) loan. ... For a more recent discussion on the lender of last
https://www.rba.gov.au/publications/rdp/2008/2008-06/pro-systemic.html