Arab Today, arab today south korea to boost interbank call money market
Last Updated : GMT 13:34:54
Arab Today, arab today
Arab Today, arab today

South Korea to boost inter-bank call money market

Arab Today, arab today

Arab Today, arab today South Korea to boost inter-bank call money market

Seoul - XINHUA

South Korea's financial regulator said Wednesday that it will boost the super short-term call money market among banks, while reducing participation of non-bank financial institutions, as part of efforts to preemptively counter possible systemic risks from call market volatility. Participation in the one-day unsecured call money market will be restricted in principle to commercial banks from 2015, according to the Financial Services Commission (FSC). Here in South Korea, the call money market has been open to banks, which seek to meet excess and deficiency for reserve funds imposed by the central bank via the call market, as well as to other non-bank institutions that try to borrow short-term, low- rate funds through the call market and operate the funds for long- term investment. The one-day call money transactions, which account for 99.9 percent of overall call money trade, was established originally to help the banks meet the reserve funds, but the participation of higher-risk non-bank institutions raised credit risks in the market, leading to higher potential for systemic risks. Participants of the call money, or borrowing money via the call money market, will be limited in principle to banks, but some securities firms, including primary dealers in the Korea Treasury Bond (KTB) market and participants in the central bank's open market operations, will be allowed to join the call market. For the securities firms, ceiling will be imposed to reduce their dependence on the call money market. The limit will be set at 15 percent of equity capital from the first half of 2014, down from the current 25 percent. For the call loan, or lending money via the call money market, participants will be restricted to banks in principle, but asset managers will be allowed to join the market temporarily as the asset management firms are the main money provider in the market.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korea to boost interbank call money market Arab Today, arab today south korea to boost interbank call money market

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today south korea to boost interbank call money market Arab Today, arab today south korea to boost interbank call money market

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 05:52 2017 Wednesday ,28 June

Suzanne Tamim’s father refuses to give comment

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday