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240607 ||| eng |
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|a 9798400267604
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| 245 |
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|a Botswana
|b Financial Sector Assessment Program-Technical Note on Systemic Liquidity Management
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|a Washington, D.C.
|b International Monetary Fund
|c 2024
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| 300 |
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|a 33 pages
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| 651 |
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4 |
|a Botswana
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| 653 |
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|a Economics
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|a Liquidity risk
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| 653 |
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|a Banks
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| 653 |
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|a Finance
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| 653 |
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|a Industries: Financial Services
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| 653 |
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|a Banks and banking
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| 653 |
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|a Mortgages
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|a Collateral
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| 653 |
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|a International organization
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| 653 |
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|a International institutions
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| 653 |
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|a Financial risk management
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| 653 |
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|a Capital and Ownership Structure
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| 653 |
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|a Goodwill
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| 653 |
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|a International Economics
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| 653 |
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|a Banking
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| 653 |
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|a Financial Risk and Risk Management
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| 653 |
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|a Financing Policy
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| 653 |
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|a Investment Decisions
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| 653 |
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|a International Agreements and Observance
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Commercial banks
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| 653 |
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|a State supervision
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| 653 |
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|a International Organizations
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| 653 |
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|a Monetary economics
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| 653 |
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|a Financial institutions
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| 653 |
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|a Value of Firms
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|a General Financial Markets: Government Policy and Regulation
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| 653 |
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|a International agencies
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Financial Institutions and Services: Government Policy and Regulation
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| 653 |
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|a Asset and liability management
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| 653 |
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|a Liquidity
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| 653 |
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|a Loans
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Financial regulation and supervision
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| 653 |
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|a Monetary policy
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Money and Monetary Policy
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| 653 |
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|a Finance: General
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| 653 |
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|a Financial services law & regulation
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| 653 |
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|a Portfolio Choice
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| 653 |
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|a Liquidity requirements
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| 710 |
2 |
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|a International Monetary Fund
|b Monetary and Capital Markets Department
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| 041 |
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|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Staff Country Reports
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| 028 |
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|a 10.5089/9798400267604.002
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| 856 |
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|u https://elibrary.imf.org/view/journals/002/2024/060/002.2024.issue-060-en.xml?cid=545510-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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| 520 |
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|a This paper presents a technical note on Systemic Liquidity Management in Botswana. The liquidity management framework of the Bank of Botswana (BoB) has been strengthened since the April 2022 monetary policy reforms; however, structural excess liquidity and its volatility persist. The BoB’s liquidity regulations could more effectively facilitate banks’ ability to manage liquidity internally. Although banks maintain liquid assets above the regulatory minimum, these may be insufficient to withstand a high funding liquidity risk. Further support for an effective framework for banks’ liquidity management can emanate from streamlining the BoB’s collateral framework for refinancing facilities. The absence of a framework for emergency liquidity assistance leaves a gap for managing systemic liquidity shocks and should be addressed as a priority. Promoting the development of interbank repo market and government securities market helps to increase financial sector resilience. The existing interbank market is a fragmented unsecured market comprised of one-way lending from large banks to small banks, which is an important but insufficient shock absorber for liquidity risk
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