Issuance of Central Bank Securities : International Experiences and Guidelines

The paper discusses the reasons for central bank (CB) issuance of securities, and reasons for choosing different approaches e.g. in maturities and target market. It provides evidence on the range of different approaches taken by those CBs which do issue, as well as suggesting reasons why some CBs do not; and provides operational guidelines on the major building blocks of the issuance of CB securities

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Year of publication:	2015
Authors:	Gray, Simon
Other Persons:	Pongsaparn, Runchana (contributor)
Publisher:	[2015]: [S.l.] : SSRN
Subject:	Zentralbank \| Central bank \| Wertpapier \| Securities \| Liquidität \| Liquidity

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Extent:	1 Online-Ressource (32 p)
Series:	IMF Working Paper ; No. 15/106
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments May 2015 erstellt
Other identifiers:	10.2139/ssrn.2615298 [DOI]
Classification:	E58 - Central Banks and Their Policies ; G10 - General Financial Markets. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013021444