Marion Williams: Barbados’ financial system and insurance sector Address by Dr Marion Williams, Governor of the Central Bank of Barbados, to the Barbados Association of Insurers and Financial Advisers (BARAIFA), Bridgetown, 20 March 2009.
For example, the Bank of England made their entire gilt holdings available to the UK’s Debt Management Office, which then lent them to market participants on demand. A similar arrangement may be more challenging to implement for the Eurosystem as there are 19 different jurisdictions to deal with and 19 DMOs.