TRUDEAU SAYS IT LOOKS LIKE BOC WILL BE LOWERING RATE AGAIN

MNI BRIEF: Canada Commits To Just One Of Three Fiscal Anchors

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

BCCh Starts Banks’ Countercyclical Capital Requirement

CHILE
  • Chile’s central bank at its financial policy meeting agreed to activate the countercyclical capital requirement at a level of 0.5% of risk-weighted assets, with a one-year term, according to the following statement: https://www.bcentral.cl/web/banco-central/contenido/-/detalle/reunion-de-politica-financiera-primer-semestre-2023
  • The decision was made unanimously as a preventive measure given greater external uncertainty as risk of severe external shock has increased, though it’s still low, policymakers said. The tool is a “macroprudential requirement” with the objective of increasing the resilience of the economy in the face of severe stress scenarios resulting from systemic risks, according to policymakers.
  • Diario Financiero said lenders may have to raise $1.5 billion.
  • 1030am local time: Central Bank President Rosanna Costa will speak about the financial stability report before a senate committee. At 3pm local, Costa gives a press conference on the report.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.