Transformations to open market operations developing economies and emerging markets /
Axilrod, S. H.
Transformations to open market operations developing economies and emerging markets / [electronic resource] : Stephen H. Axilrod. - Washington, D.C. : International Monetary Fund, c1996. - 1 online resource (iii, 17 p.) - Economic issues ; 5 . - Economic issues ; 5. .
"Draws on material originally contained in IMF Working Paper 95/146, 'Transformation of markets and policy instruments for open market operations', by Stephen H. Axilrod...This material is refined for the general readership by editing and partial redrafting...Neil Wilson collaborated in the preparation of the present text." "December 1996"--T.p. verso.
By buying or selling bonds, bills and other financial instruments in the open market, a central bank can expand or contract the amount of reserves in the banking system and can ultimately influence the country's money supply. When the central bank sells such instruments it absorbs money from the system. Conversely, when it buys it injects money into the system. This method of trading in the market to control the money supply is called open market operations.
9781455235551 (electronic bk.) 1455235555 (electronic bk.)
Open market operations.
Mercado de capitales
Banques centrales.
Marché monétaire.
Marché financier--Pays en voie de développement.
BUSINESS & ECONOMICS / Banks & Banking
Electronic books.
HF1351 / .E33 v.5eb
332.114
Transformations to open market operations developing economies and emerging markets / [electronic resource] : Stephen H. Axilrod. - Washington, D.C. : International Monetary Fund, c1996. - 1 online resource (iii, 17 p.) - Economic issues ; 5 . - Economic issues ; 5. .
"Draws on material originally contained in IMF Working Paper 95/146, 'Transformation of markets and policy instruments for open market operations', by Stephen H. Axilrod...This material is refined for the general readership by editing and partial redrafting...Neil Wilson collaborated in the preparation of the present text." "December 1996"--T.p. verso.
By buying or selling bonds, bills and other financial instruments in the open market, a central bank can expand or contract the amount of reserves in the banking system and can ultimately influence the country's money supply. When the central bank sells such instruments it absorbs money from the system. Conversely, when it buys it injects money into the system. This method of trading in the market to control the money supply is called open market operations.
9781455235551 (electronic bk.) 1455235555 (electronic bk.)
Open market operations.
Mercado de capitales
Banques centrales.
Marché monétaire.
Marché financier--Pays en voie de développement.
BUSINESS & ECONOMICS / Banks & Banking
Electronic books.
HF1351 / .E33 v.5eb
332.114