Here is a lengthy discussion with Karan Mehrishi ...on various issues such as from monetary policy anchors/corridor/WACR to financial stability
S1 Ep 7: Indian Money Market & LMF Review with Gurumurthy R youtu.be/NuaLZwfawdw?si… via @YouTube
@blitzkreigm@latha_venkatesh Didn't know that US 'banks' were 'obliged' to take up the shortfall at the auctions. Thanks professor for the information!!
@RnaudBertrand Interesting hypothesis. But one needs to think if it is scalable... I mean if the spreads are going to be like this for larger issues. Then, the question of who will provide liquidity to these bonds. They being non-HQLA, banks' appetite for the same may be poor.
20K Followers 2K FollowingJournalist. Author. Historian of the race to the Moon in the 1960s: 'One Giant Leap.' • Also water & Walmart. • 'A radio sensation.'
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