Central Bank of Jordan: Excess liquidity rises by 12 million dinars

2023-10-18 13:34:36

direct: Excess liquidity at the Central Bank of Jordan increased by 12 million dinars, including funds deposited overnight in the deposit window.

Surplus liquidity at the Central Bank of Jordan today, Wednesday, October 18, amounted to 3.697 billion dinars, compared to 3.685 billion dinars yesterday, Tuesday, October 17, including funds deposited overnight in the deposit window.

The Central Bank explained in a statement that the value of mandatory reserves stabilized at 1.499 billion dinars.

The Central Bank indicated that no overnight repurchase agreements were concluded with the bank yesterday, Tuesday, October 17.

The Central Bank pointed out that tomorrow, Thursday, October 19, new government bonds worth 125 million dinars will be issued, and next Sunday, October 22, the “payment” of government papers worth 100 million dinars will be extinguished.

The central bank’s cash liquidity represents its ability to pay all its obligations in cash, respond to credit requests or grant new loans, and this requires the availability of liquid cash or the possibility of obtaining it by liquidating some of its assets.

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