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CSDs from central bank perspective

CSDs are important for central banks! Why?. operators of Securities Settlement Systemslarge volume and values ? smooth functioning of systemically important systemsinterdependencies with other systems ? financial stabilityhandling securities used as collateral in central bank's monetary policy op

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CSDs from central bank perspective

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    1. CSDs from central bank perspective András Simor Governor Magyar Nemzeti Bank 21 May, 2009

    2. CSDs are important for central banks! Why? operators of Securities Settlement Systems large volume and values ? smooth functioning of systemically important systems interdependencies with other systems ? financial stability handling securities used as collateral in central bank’s monetary policy operations

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