Special Liquidity Scheme

The special liquidity arrangement introduced by the Bank of England in April to encourage banks to lend to each other was extended in September.

The bank has doubled the size of the scheme, which will allow banks to exchange mortgage-backed securities for cash, to £200 billion.

The program allows banks to exchange assets that cannot be traded on the markets for nine-month government bonds, which are more liquid and more attractive to other banks.

The swaps are essentially loans against taxpayers' assets, and the bank hopes they will breathe new life into ailing money markets.

Literal Meanings of Special Liquidity Scheme

Special:

Meanings of Special:

1. Reduce the cost to the consumer (usually for a limited of time) of the goods or services provided.

2. One of many dishes systematically offered in a restaurant at lower prices.

3. An unusual or exceptional episode of a series.

4. Special police.

5. Anything that is not in accordance with normal practice, schedule, or schedule, such as an unplanned transportation route that is normally planned.

6. Any unlicensed manufactured or purchased for a particular patient.

7. Correspondent sent by a journalist to the scene of an event to report on it.

8. Telegram returned by the special envoy.

9. A light that illuminates a specific person or object in a scene.

10. (Care) Nursing one on one.

11. It has a unique or unusual quality.

12. It represents a special personal interest or great value.

13. Learning disabilities or mental or related decline.

14. Constitution or relation to the species.

15. The chef is top notch.

16. Of or in connection with non-traditional military activities, such as B. in special forces and special operations.

Sentences of Special

1. We have a special Thanksgiving turkey dish.

2. The specialty of the day is our rye-based tuna fondue.

3. Have you seen the Christmas episode yet?.

4. Thousands of people came to watch the special appeal, which carried the coffin containing the president's body.

5. Special TV edition.

6. Each one is special to someone.

7. He goes to a special school.

8. Seven dark spots are the hallmark of Coccinella septempunctata.

Liquidity:

Meanings of Liquidity:

1. The extent to which something is offered and demanded on a large scale, making it easy to convert into cash.

2. The condition or quality of the fluid.

3. An asset that can be sold without depreciation if it can be easily converted into cash.

4. Availability of short-term liquidity: the ability to pay off short-term debt.

Sentences of Liquidity

1. My Picasso painting is not very smooth, it would take months to sell. Gold, on the other hand, is easily converted into cash, making it a very liquid commodity.

2. Some stocks are so rarely traded that they are illiquid.

Scheme:

Meanings of Scheme:

1. Systematic action plan.

2. A secret and insidious plot or plan.

3. An ordered combination of related parts.

4. Diagram or scheme of a system or object.

5. Some kind of geometric object.

6. Social housing complex.

7. A clever departure from the usual arrangement of words.

8. Represent aspects of celestial bodies at any time or event.

9. Part of a unified resource ID that specifies a protocol or other purpose, eg B. http: or news:.

10. A portfolio of defined benefit plans consisting of several independent participants.

11. Draw or come up with a plan.

12. I think invent.