Swiss bank repo deals with non-banks won’t require minimum reserves-SNB
The Swiss National Bank (SNB) said
on Tuesday banks’ repo transactions with non-banks would no
longer be subject to minimum reserve requirements to reflect the
growing importance of non-banks in the Swiss franc repo market.
on Tuesday banks’ repo transactions with non-banks would no
longer be subject to minimum reserve requirements to reflect the
growing importance of non-banks in the Swiss franc repo market.
Posted by Reuters
