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The bank's governor, Mr King, fended off calls to relax collateral terms or to provide longer-term financing.
If they relax collateral requirements, they can accept a wider range of assets as collateral from banks.
Similar(58)
Central banks assume and redistribute tail risk when purchasing assets or relaxing their collateral requirements.
In recent months, the ECB has significantly relaxed the collateral requirements on banks that borrow from it, leading to fears that new losses in the banking system could quickly eat into its capital base.
Shipowners were too busy placing huge orders for new vessels, and their banks were relaxed about their collateral.
The members noted that increased housing market activity could boost growth and provide a "modest fillip" to consumer spending and investment if increased collateral helped to relax credit constraints.
In "Collateral," the edgy new thriller from Mr. Mann, the city never sleeps; it doesn't even relax.
IN "Collateral," the edgy new thriller from the director Michael Mann, the city never sleeps; it doesn't even relax.
"Relax, relax," he said.
Relax, Amigo!
Relax, sweetheart.
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