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Banks Ostensibly Have Enough Liquidity

Banks Ostensibly Have Enough Liquidity Banks Ostensibly Have Enough Liquidity

During the last round of open market operation by Central Bank of Iran Wednesday, none of the lenders put up their bonds on offer, indicating they are not now in need of liquidity. 
Within the newly launched OMO, banks in need of liquidity offer bonds to be purchased by the central bank or other banks. 
The CBI on Thursday said on its website that “there was no sale orders by banks on the OMO trade platform… this shows liquidity is sufficient in the interbank market”.  

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