AMMAN: Required reserves at the Central Bank of Jordan ( CBJ ) stood at JD1.556 billion while excess liquidity, including overnight window deposits reached JD3.038 billion.
The CBJ said on its website that the outstanding balance of one week certificate of deposits reached JD1 billion and will be matured on 28/7/2015. According to the CBJ No overnight repurchase agreements were held with the CBJ last Thursday.
The reserve requirements are the amount of funds that a depository institution must hold in reserve at the Central Bank while the excess liquidity is the increase in deposits of banks held at the CBJ which are above the usual requirement.
