VOL. XXXV
NO. 34
25-MAY-1992
Financial and Banking News
Regional Banking
SAMA Introduces Reverse Repurchase Facility
The Saudi Arabian Monetary Agency (SAMA) introduced a reverse repurchasefacility for government treasury bills on 16 May, a move designed to improvemanagement of short-term liquidity in the Kingdom's inter-bank market. Thefacility complements an existing repurchase facility for Saudi treasury billswhich SAMA introduced on 18 November of last year (MEES, 25 November 1991).
Saudi...
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