The reserve requirements is imposed by the CBC on financial institutions to allot a certain percentage of reserves (required reserve ratios) based on the daily average balance of the month for each type of deposits and other liabilities to meet payment needs. The adjustment of required reserve ratios is one of the important monetary policy tools used by the CBC. When the market is short of funding, the CBC can reduce the required reserve ratios at appropriate times to enable the financial institutions to have more disposable capital available for lending and investment. The process of credit creation mentioned above, through the multiplier effect, will increase the amount of deposits in banking system after a period of time, and vice versa.[1]
The reserve requirements is imposed by the CBC on financial institutions to allot a certain percentage of reserves (required reserve ratios) based on the daily average balance of the month for each type of deposits and other liabilities to meet payment needs. The adjustment of required reserve ratios is one of the important monetary policy tools used by the CBC. When the market is short of funding, the CBC can reduce the required reserve ratios at appropriate times to enable the financial institutions to have more disposable capital available for lending and investment. The process of credit creation mentioned above, through the multiplier effect, will increase the amount of deposits in banking system after a period of time, and vice versa.[1]
英文名詞: Central Government Bond Dealers | 負責單位: 國庫局 | 中文解釋: 凡受中央銀行委託,可直接參與中央公債標售及配售之機構為中央公債交易商。自然人及其他法人須委託中央公債交易商,以交易商之名義投標。銀行、中華郵政公司、票券金融公司、證券商及保險業,符合一定資格條件者,得...
英文名詞: Central Government Bond Dealers | 負責單位: 國庫局 | 中文解釋: 凡受中央銀行委託,可直接參與中央公債標售及配售之機構為中央公債交易商。自然人及其他法人須委託中央公債交易商,以交易商之名義投標。銀行、中華郵政公司、票券金融公司、證券商及保險業,符合一定資格條件者,得...