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| ''Bank of England.''
| | Management accounting is primarily concerned with the provision of information to internal managers for the purposes of planning, controlling and decision making. |
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| (ILTR).
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| The Bank of England's (Bank's) Indexed Long-Term Repo (ILTR) operations are one of three key components of the liquidity insurance part its Sterling Monetary Framework (SMF).
| | == See also == |
| | | * [[Accounts]] |
| The ILTR is designed for predictable and regular liquidity needs.
| | * [[Corporate financial management]] |
| | | * [[Financial reporting]] |
| | | * [[CertICM]] |
| The ILTR's key features are:
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| *Monthly auctions.
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| *Six-month term.
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| *Bank of England reserves (effectively cash) lent against collateral.
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| The ILTR lending rate is indexed to the Official Bank Rate, to enable banks and other participants to take part without needing to take a view on the likely future path of the Bank Rate.
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| The other two key facilities in the Bank's liquidity insurance structure are the Discount Window Facility (DWF) and the Contingent Term Repo Facility (CTRF).
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| ==See also== | |
| *[[Bank of England]] | |
| *[[Collateral]]
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| *[[Contingent Term Repo Facility]]
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| *[[Discount Window Facility]]
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| *[[Liquidity]]
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| *[[Liquidity insurance]]
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| *[[Official Bank Rate]]
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| *[[Operational Standing Facilities]]
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| *[[Repo]] | |
| *[[Reserves]] | |
| *[[Sterling Monetary Framework]] | |
Revision as of 11:12, 29 November 2014
Management accounting is primarily concerned with the provision of information to internal managers for the purposes of planning, controlling and decision making.
See also
