Lombard credit
id:
lombard-credit-277-2369368
title:
Lombard credit
text:
Lombard credit is the granting of credit to banks against pledged items, mostly in the form of securities or life insurance policies. The pledged items must be readily marketable; in particular, the securities 'eligible for collateral' which are registered on lists. Lending is via central banks. In the US, the Lombard rate was set at the top of the Federal Open Market Committee target range for the federal funds rate on March 16, 2020. Due to the pledging of securities the credit institutions ha
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Lombard_credit
date created:
date modified:
2023-12-24T00:02:39Z
main entity:
{"identifier":"Q529903","url":"https://www.wikidata.org/entity/Q529903"}
image:
fields total:
13
integrity:
13