01972cas a2200289 a 4500 AALejournalIMF022299 230101c9999 xx r poo 0 0eng d 5.00 USD 9781616358419 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Cyprus : Technical Assistance Report-Debt and Cash Management. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (49 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In tandem with Eurozone financial market developments and the prevalence of negative interest rates in 2020, Cypriot banks passed through the costs of their liquidity to their customers, reducing the attractiveness of placing PDMO cash surpluses in domestic bank deposits. Suitable investment alternatives to central bank deposits for the PDMO's liquidity buffer are scarce, given negative yields on other Eurozone sovereign and agency issues. This situation is shared by the PDMO with almost all of its Eurozone peers. While this is likely to persist in the short term, it should not preclude establishing a framework governing the PDMO's investment policy or a suitable set of guidelines. Mode of access: Internet International Agreements and Observance imf International Organizations imf Monetary Policy imf Moldova, Republic of imf IMF Staff Country Reports; Country Report ; No. 2022/002 Full text available on IMF http://elibrary.imf.org/view/journals/002/2022/002/002.2022.issue-002-en.xml IMF e-Library