News

Central Bank puts 40B riel up for bid in LPCO

The National Bank of Cambodia (NBC) yesterday held its second Liquidity-Providing Collateralised Operation (LPCO), making 40 billion riel ($9.89 million) available to financial institutions in an auction in which repurchase agreements, or repos, were signed for 8.4 billion riel ($2.07 million). ...

Post Staff
http://www.phnompenhpost.com/business/central-bank-puts-40b-riel-bid-lpco

Repo auction offers quick liquidity fix

The National Bank of Cambodia rolled out a new mechanism yesterday that offers immediate liquidity to financial institutions to cover their payments and reserve obligations, while giving the central bank greater control over the country’s money supply and moving toward the establishment of a benchmark ...

Hor Kimsay
http://www.phnompenhpost.com/business/repo-auction-offers-quick-liquidity-fix

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