AFR: Aussie dollar funding crisis squeezing the banks

Australian money market rates are at crisis-like levels, pressuring the major lenders at a time when they can least afford it.

During the darkest days of the global financial crisis, when terrified policymakers feared cash machines would run dry and wages would go unpaid, there was one measure they turned to gauge the money markets’ level of panic.

The full article is available at

Related Posts

Previous Post
Jurisdictions continue to make progress in implementing standards for payment, clearing and settlement
Next Post
Statement of CFTC Chairman J. Christopher Giancarlo Regarding the Proposed Rule on Segregation of Assets Held as Collateral in Uncleared Swap Transactions

Related Posts

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account