market participants had to infer changes from the type of open market operation
conducted and the level of the federal funds rate relative to their perceptions about the FOMC's target rate.
DESPITE an Open Market Operation
(OMO) maturity of N109.
It follows that the BSP should trim its open market operation
lest we see tight market conditions,' Deputy Governor Diwa C.
KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs 64, 700 million into the market during its open market operation
The amount the People's Bank of China drained at the first of its two open market operation
this week was more than 80 percent of the 17 billion yuan drained for the whole of last week.
As a result, the RBNZ is removing the regular Tuesday Open Market Operation
which is the last remaining temporary liquidity facility introduced during the financial crisis.
9 billion during its Reverse Repo Open Market Operation
(Injection) in the government of Pakistan Market Treasury Bills and Pakistan Investment Bonds.
Money market dealers said that that Central Bank resorted to open market operation
for buying back the T-Bills from the banks for removing the liquidity crunch.
Although lending by the Fed has exactly the same effect on the monetary base as an equivalent open market operation
, the effect of these actions on the allocation of credit is different.
Suda put the shortfall in tenders in the open market operation
in a positive light, saying the phenomenon is taking place because the financial system has been improving on the back of declining nonperforming loans.
5billion as of Friday, dealers are expectant that money market rates will trend slightly higher on the back of expected Open Market Operation
(OMO) mop-ups and the planned Wednesday bond auction of N100 billion.
A change to the regular Tuesday Open Market Operation
(OMO) to allow all eligible securities (including corporate securities and RMBS) to be acceptable collateral for repurchase transactions of maturity up to three months.