This was replaced in September 1998 by the Discount Window arrangement under which banks have unrestricted access to day-end liquidity through repurchase agreements using Exchange Fund Bills and Notes as collateral.

  • 一九九八年九月,该机制由贴现窗取代,银行从此可通过以外汇基金票据及债券作为抵押品的回购协议,不受限制地获取日终流动资金。
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