That includes central bank liquidity insurance for viable firms and markets; firm recovery plans and contingent capital; resolution plans for winding down failed institutions; and official-sector support operations, including Capital of Last Resort. A thread that runs through the discussion is how to preserve the core financial services provided to the economy through periods of extreme stress without bailing out equity holders or uninsured wholesale creditors.
Published on 16 November 2009
// News // Monetary Policy Committee (MPC)
Bank Rate maintained at 0.75% - September...
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// News // News release