Balance sheet reduction policy and Day count: Difference between pages

Revision as of 08:15, 18 June 2013

1. The number of days within a specific interest payment period in which interest payments are due.

2. The [[Day count conventions|convention] governing the way such interest payments are to be calculated (for example, 360/365 days).

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-''Monetary policy.''
+. The number of days within a specific interest payment period in which interest payments are due.
-In relation to monetary policy, balance sheet reduction is the opposite process from quantitative easing.
-Balance sheet reduction involves a central bank reducing its holdings of financial assets, and its effect is to decrease the money supply.
-The reduction can be achieved by allowing existing holdings to mature ('roll off') without replacing them.
-The financial assets concerned are usually central government debt.
-Balance sheet reduction is also sometimes known as 'quantitative tightening'.
+. The [[Day count conventions|convention] governing the way such interest payments are to be calculated (for example, 360/365 days).
 == See also ==
-* [[Asset Purchase Facility]]
+* [[Interest]]
-* [[Cash in the new post-crisis world]]
-* [[Central bank]]
-* [[Fiscal policy]]
-* [[Helicopter money]]
-* [[Monetary policy]]
-* [[Money supply]]
-* [[Quantitative easing]]
-* [[POMO]]
-[[Category:The_business_context]]