Government Securities Versus Central Bank Securities in Developing Open Market Operations : Evaluation and Need for Coordinating Arrangements /
In an indirect monetary policy framework, open market operations become the central bank's main instrument. In the initial stages, when financial markets are still undeveloped, selection of a financial instrument for those operations and the design of supporting arrangements to ensure the centr...
| Главный автор: | |
|---|---|
| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
1994.
|
| Серии: | IMF Working Papers; Working Paper ;
No. 1994/062 |
| Online-ссылка: | Full text available on IMF |