Media Release Review of the Term Funding Facility

The Bank today released the Reserve Bank Board’s Review of the Term Funding Facility. This review is one element of a broader set of reviews the Board has undertaken of the monetary policies it adopted in response to the pandemic. The purpose of the reviews is to be transparent and open about the experience and draw out lessons.

Christopher Kent, Assistant Governor (Financial Markets), will share some observations on the Term Funding Facility in his speech today at 11am (AEDT).