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Overnight RRP Facility

The existing RRP facility is an overnight facility and will be offered using a fixed-rate and full-allotment method, where individual bidders are awarded a portion of the total offer depending on their bid size. Fixed-rate, full allotment method will help ensure that the overnight rate sits close to the BSP policy rate.

The table below presents the features of the O/N RRP facility.

RRP

 

 
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