Central Bank Money
A liability of a central bank used as a settlement asset, including reserve balances in eligible systems.
Market use
Its use can reduce settlement-asset credit risk relative to commercial-bank money.
What it means
A liability of a central bank used as a settlement asset, including reserve balances in eligible systems.
Example
RTGS systems commonly settle eligible payments in central-bank money.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.