Chile: Financial Sector Assessment Program—Technical Note on Systemic Liquidity
IMF Staff Country Reports, September 12, 2022
Source details
- Canonical URL
- Chile: Financial Sector Assessment Program—Technical Note on Systemic Liquidity
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Bibliographic details
- Published: September 12, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400219566.002
Overview and central finding
- Chile has a highly interconnected financial system that creates both risks and opportunities for the development of liquidity markets.
- The large domestic non-bank financial sector (pension funds, mutual funds, insurers) provides a large investor base for domestic debt securities, fostering the development of these markets.
- The non-bank financial sector is vulnerable to shocks, which may have significant spillovers to funding markets and to the banking system.
Key subjects and thematic focus
- Asset and liability management
- Bonds
- Collateral
- Financial crises
- Financial institutions
- Financial markets
- International organization
- Lender of last resort
- Liquidity
- Monetary policy
- Money markets
Keywords highlighted in the note
- Bonds
- Collateral
- ELA framework
- ELA procedure
- ELA regulation
- funding plan template
- Global
- Lender of last resort
- Liquidity
- Money markets
- risk equivalence
Content in this bundle
- Executive Summary