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...

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Tác giả chính: Quintyn, Marc
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1994.
Loạt:IMF Working Papers; Working Paper ; No. 1994/062
Truy cập trực tuyến:Full text available on IMF