AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: Parista Yuthamanop
Aug. 4--The planned issue of 70 billion baht in new seven and 10-year savings bonds later this month will help reduce excess liquidity in the banking system and improve the efficiency of monetary policy, according to the Bank of Thailand.
The central bank, in last month's inflation report, estimated excess liquidity in the market at 400 to 500 billion baht, mostly parked as investments in central bank bonds, government repo bonds and swap contracts with the central bank.
Liquidity conditions far exceed the general needs of the financial system for loan demand and routine management requirements such as liquid asset ...
Source: HighBeam Research, Thai savings bond issue takes aim at liquidity.