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Month-end borrowing
Borrowing in order to bridge temporary liquidity shortages at month-end. This kind of financing furnished by the Swiss National Bank to commercial banks helps to avoid extreme interest-rate fluctuations.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
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