BIS central bankers’ speeches  30  September. Available  at  1  The recommendations addressed both the structure of the benchmark process as well as the conduct of participants in the process and can be divided into four main areas: benchmark methodology; execution infrastructure; market conduct; and guidance on central bank reference rates (which I won’t cover today).
The loans could be provided with conditions that require banks to increase their credit supply. Source: RBNZ. The monetary policy tools considered all vary as to their effectiveness, efficiency and impact on financial soundness. They are also at various stages of readiness to be utilised.