A front page report in the paper today
- Tight liquidity in the interbank market is expected to continue until early February
It recommends monetary authorities take steps to prevent the situation from getting worse
- Liquidity is forecast to get even tighter in the next one to two weeks - citing end-of-year regulatory requirements
- A structural imbalance in liquidity is the biggest problem at the moment
- Commercial banks lending to institutions with higher credit ratings which is making it more difficult and more costly for non-bank financial institutions such as brokerages to get needed funding
The Journal citing unnamed source. Report via MNI
