RFE: Conference Listings
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- Bank of England, Centre for Central Banking Studies
|Dates:||July 12-16, 2010|
|Description:||NMO - New monetary operations|
|Location:||London, United Kingdom|
|Subject:||Monetary operations are essential to the effective implementation of a central bankåÕs monetary policy. This seminar will look at recent developments in money market operations, including the Bank of EnglandåÕs Money Market Reforms and reforms aimed at stabilising short-term money market rates, increasing transparency and reducing risks. The following topics are likely to be covered: å¥ review a central bankåÕs balance sheet in the light of monetary operations and risk tolerances; å¥ Money Market Reform: reserve averaging and targets, fine-tunes, short and long-term repos; å¥ recent and future revisions to the framework: discount window facility, long-term repos, bond portfolio purchases; å¥ success criteria: monitoring performance of operational structures; å¥ currency in circulation, forecasting models and implications for monetary operation design; å¥ collateral requirements for new open market operations; å¥ monetary operations in stressed conditions, in particular, at the zero-bound; and å¥ operational infrastructure adjustment to meet changes in a central banksåÕ balance sheet and money market developments. [gemÌ_ÌÙ den Informationen des Anbieters - according to site editor's information]|