On the other hand, amid bouts of financial market volatilities, ample liquidity in the system granted domestic borrowers with continued access to domestic financing to support economic activities. 1  The 10-year US Treasury traded at 2.137 pct. on 15 October 2014. BIS central bankers’ speeches  1  3.
For example, the decline in interbank lending rates and spreads was facilitated by the actions of the Federal Reserve and other central banks to ensure that financial institutions have adequate access to shortterm liquidity, which in turn has increased the stability of the banking system and the ability of banks to lend.