banquedefranceBanque de France137041179548418868003/12/2021 - 17:30💬 [Blog] The aim of the two-tier system is to support the bank-based transmission of #monetary policy by mitigating potential adverse effects of negative interest rates. Implemented for more than a year, it is now fully used by #banks 👉 https://t.co/pY727WB1iM #BdFeco