One reasonably safe bet is that a new Basel agreement, however onerous, will provide the basis for a level playing field on capital and liquidity.
一个相当保险的押注是,新巴塞尔协议(不管多么繁重),将会为两者在资本与流动性上的公平竞争提供基础。
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This induced Banks that were obliged to hold riskless assets in order to meet their liquidity requirements to earn a few extra basis points by loading up on the weaker countries' sovereign debt.