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Banks rush TFF funding as deadline looms


Banks rush TFF funding as deadline looms
Banks rush TFF funding as deadline looms
10 June 2021 5:49AM
Australian banks are making a late dash for billions in money from the Reserve Bank’s Term Funding Facility before the scheme closes at the end of the month.
RBA assistant governor Christopher Kent revealed on Wednesday that banks had drawn A$145 billion from the TFF since the scheme was launched in April last year.
Kent’s disclosure is significant because it indicates there was a flurry of funding activity over the last week as eligible banks finalised claims to their remaining allocations under the scheme. ....

Christopher Kent , Peter Sheahan , Bank Term Funding Facility , Reserve Bank , Term Funding Facility , Brighten Home Loans , Curve Securities , கிறிஸ்டோபர் கேண்ட் , பீட்டர் ஷீஹான் , வங்கி கால நிதி வசதி , இருப்பு வங்கி , கால நிதி வசதி , பிரகாசமாக்கு வீடு கடன்கள் , வளைவு பத்திரங்கள் ,

RBA pouring fuel on the property boom


RBA pouring fuel on the property boom
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The Reserve Bank’s decision to end a special cheap funding facility for banks is effectively creating a rush to lend, fuelling Australia’s property boom.
Australia’s banks are eligible to access around $190 billion of cheap three-year funding from the RBA’s Term Funding Facility, but they must access it all by the end of June.
The end of the RBA’s cheap bank funding facility could mean a faster but shorter property boom. 
So far, $97.9 billion has been drawn, leaving roughly $10 billion a week of fresh funding for banks to bite off and digest through cheaper short-term home loans. ....

New South Wales , Jo Dawson , Philip Lowe , Sally Tindall , Peter Sheahan , Reserve Bank , Curve Securities Peter Sheahan , Treasurer Jo Dawson , Australian Financial Review Banking Summit , புதியது தெற்கு வேல்ஸ் , ஜோ டாசன் , பிலிப் குறைந்த , சாலி டிண்டால் , பீட்டர் ஷீஹான் , இருப்பு வங்கி , ஆஸ்திரேலிய நிதி விமர்சனம் வங்கி உச்சிமாநாடு ,

No. 4 UVA Picks Up Key Road ACC Win at No. 3 North Carolina


Photo: WINA/Photo courtesy UVA Athletics.
from Virginiasports.com:
CHAPEL HILL, N.C.  – The No. 4 Virginia Cavaliers (9-2, 2-2 ACC) notched a key ACC road victory over the No. 3 North Carolina Tar Heels (8-2, 1-2 ACC) on Saturday afternoon, 18-16, at Dorrance Field. Matt Moore led all players with eight points on two goals and six assists.
The first quarter was an offensive show with 12 combined goals on 30 combined shots, three ties and three lead changes. With the score tied, 4-4, UVA finished the frame on a 3-1 run to take a 7-5 lead. UNC held UVA scoreless for the next 19:36, but only managed a 3-0 spurt to take an 8-7 lead by the 11:00 mark of the third frame. ....

United States , North Carolina , Chris Sanderson , Bo Moore , Matt Moore , Justin Schwenk , Peter Sheehan , Petey Lasalla , Ian Laviano , Lars Tiffany , Carolina Tar Heels , Alex Rode , Deeley Nice , ஒன்றுபட்டது மாநிலங்களில் , வடக்கு கரோலினா , கிறிஸ் சாண்டர்சன் , போ மூர் , மேட் மூர் , ஜஸ்டின் ஸ்ச்சுவேங்க் , பீட்டர் ஷீஹான் , ஈயந் லாவியானோ , லார்ஸ் டிஃப்பனி , கரோலினா தார் குதிகால் , அலெக்ஸ் சவாரி ,