Newcastle Permanent Building Society (21 items)

Debelle demands action on rates swap

Any new securities that persist with BBSW as the interest rate benchmark "must have robust fall-back provisions" in order to be eligible for use in repo dealings with the Reserve Bank, Guy Debelle said yesterday.Or just use the cash rate, which will be the alternative anyway, an option the market is taking up super slowly. read more

Carney competes for fintech spotlight

There is "a growing pipeline of firms" - make that fintechs - clamouring for access on level terms with banks to the central bank's most vital, and real-time, payments processing. At least in England, or so BOE governor Mark Carney told a London fintech fiesta last night. read more

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