With regard to the first element, the Bank's provision of ample liquidity greatly contributed to maintaining financial system stability and an accommodative corporate financing environment by responding to precautionary demand for liquidity of financial institutions when there were strong concerns about financial system stability.
2  BIS Review 111/2007  because such a regime allows us to have a monetary policy that is independent of other countries. Now I'll turn to liquidity in financial markets. Liquidity in financial markets Market liquidity refers to the extent to which one is able to quickly and easily buy and sell financial assets in the market, without moving the price.