The Australian Prudential Regulation Authority (APRA) has issued a letter to authorised deposit-taking institutions (ADIs) announcing the aggregate Committed Liquidity Facility (CLF) has reduced to $102 billion on 1 January 2022 from $140 billion on 10 September 2021.
This follows APRA’s announcement in September 2021 that it expects ADIs subject to Liquidity Coverage Ratio (LCR) requirements to reduce their reliance on the CLF to zero by the end of 2022 subject to financial market conditions.
The letter is available on the APRA website at: Aggregate Committed Liquidity Facility.
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