A provision allowing counterparties to fulfil their reserve requirements on the basis of their average reserve holdings over the maintenance period. The averaging provision contributes to the stabilisation of money market interest rates by giving institutions
an incentive to smooth the effects of temporary liquidity fluctuations. The Eurosystem�s minimum reserve system allows for averaging.
Available Images
Sorry, no related images available...
Related Terms
Counterparty Eurosystem
This section refers to internal documents within informationsphere.com.
click here...
Sexual Intercour...
Counterparty
Average Megawatt
Aversion Therapy
