Treasury Bills and/Or Central Bank Bills for Absorbing Surplus Liquidity : The Main Considerations /
This paper discusses the challenging question of whether central banks should use treasury bills or central bank bills for draining excess liquidity in the banking system. While recognizing that there are practical reasons for using central bank bills, the paper argues that treasury bills are the fi...
Автор: | |
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2012.
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Серія: | IMF Working Papers; Working Paper ;
No. 2012/040 |
Онлайн доступ: | Full text available on IMF |