Outright Monetary Transactions: Difference between revisions

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imported>Doug Williamson
m (Standardise header, minor rewording for clarity and categorise page.)
imported>Doug Williamson
(Updated entry: Added link to European Central bank)
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This was a new tool for the European Central Bank in 2012 - and controversial, especially in Germany - though its use by other banks has not been so dogged by controversy.
This was a new tool for the European Central Bank in 2012 - and controversial, especially in Germany - though its use by other banks has not been so dogged by controversy.
==See also==
* [[European Central Bank]]


[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]

Revision as of 10:08, 14 January 2015

(OMT).

Part of the open market operations of a central bank in which the central bank buys or sells securities outright - i.e. without the re-sale or re-purchase legs of reverse repurchase agreements or repurchase agreements.

This was a new tool for the European Central Bank in 2012 - and controversial, especially in Germany - though its use by other banks has not been so dogged by controversy.


See also