News Headline Summary
RBA sees banks needing up to AUD 300bln more Basel III liquid assets, according to RBA deputy Governor Debelle
- Australian government debt expensive vs other sovereign debt.
- New liquidity fund won't impact balance sheet.
- Liquidity fund is part of RBA's response to Basel III.
Reaction details (02:34)
- No immediate reaction in AUD/USD or the ASX 200.
16 Aug 2013 - 02:31
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2130 London time
Teams of analysts covering equities, fixed income, FX and energy markets
Real-time scrolling news service
Daily and weekly pre-market research and calendars
Intra-day market update videos
Daily technical analysis