open-market operations


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open-market operations

pl n
(Banking & Finance) finance the purchase and sale on the open market of government securities by the Bank of England for the purpose of regulating the supply of money and credit to the economy
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MUFG Bank (MUFG) (NYSE: MTU) (TYO: 8306) (8306.MU) has said that the People's Bank of China has granted approval for the bank to open-market operations in China, becoming the first Japanese institution and fourth non-Chinese lender to receive the approval, according to an online report.
The People's Bank of China (PBoC), injected 120 billion yuan ($19.8 billion) through reverse repurchase agreements -- a short-term lending tool -- as part of its regular open-market operations, the bank said in a statement.
The People's Bank of China, which conducts regular open-market operations Tuesdays and Thursdays, has drained a net CNY83bn from the money market last week through its open-market operations.
Following the same-day open-market operations, the benchmark rate for short-term interest rates dropped to 0.070 to 0.080 percent from earlier levels of around 0.100 percent.
Before testing what guided Federal Reserve policy in the early 1930s, Wheelock first tests with econometrics for what guided open-market operations, changes in discount rates, and purchases by the Fed of bankers' acceptances in the 1920s.
IN CONDUCTING MONETARY POLICY, the Federal Reserve must estimate the effects of its open-market operations on inflation and economic activity.
For example, the Board's power to designate three of the nine directors of each Reserve Bank appeared in Section 4; its duty to determine or define the character of the paper eligible for discounting fell under Section 13; and its power regarding rates of discount fell under Section 14, "Open-Market Operations."
The People's Bank of China drained CNY221bn from the banking system this week, via its regular open-market operations.
The People's Bank of China (PBOC), which carries out open-market operations on Tuesdays and Thursdays, offered CNY65bn worth of one-year bills and CNY140bn worth of 28-day repurchase agreements in its Tuesday operation.
9 Kyodo The Bank of Japan (BOJ) plans to soon include short-term debt-financing bills (FBs) among the financial vehicles it uses in its open-market operations to control liquidity in the money market, BOJ officials said Tuesday.
The bank pulled out CNY86bn from the banking system this week through its regular open-market operations. The move was due to fears that inflation could increase later this year.
The People's Bank of China, which carries out regular open-market operations on Tuesdays and Thursdays, injected a net CNY28bn into the money market last week through its open-market operations.