Refinance Facilities


 
 
Concept Explanation
 

Refinance Facilities

Sector - specific refinance facilities (e g. against lending to export sector) provided to banks.

Indirect Instruments Liquidity Adjustment Facility (LAF)

Consists of daily infusion or absorption of liquidity on a repurchase basis, through repo (liquidity injection) and reverse repo (liquidity absorption) auction operations, using government securities as collateral.

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