3,882
edits
Treasury General Account: Difference between revisions
no edit summary
No edit summary |
No edit summary |
||
| Line 20: | Line 20: | ||
Conditions that are needed for this? | Conditions that are needed for this? | ||
* Since the reserve repo facility has no counterpary risk, the only way to incentive MMF to move from RRP to T Bills is to offer an return equal or even greater than the reward at RRP. | |||
* Majority of issuance from treasuary needs to be T Bills and no long dated bonds, since MMF can only hold short term assets. | |||
* | * | ||