Main refinancing operations: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages, Europa webpage https://www.ecb.europa.eu/mopo/implement/omo/html/index.en.html) |
imported>Doug Williamson (Create page. Sources: linked pages, Europa webpage https://www.ecb.europa.eu/mopo/implement/omo/html/index.en.html) |
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Latest revision as of 19:59, 8 June 2020
Monetary policy - Eurosystem - open market operations.
(MRO).
The Eurosystem’s open market operations include one-week liquidity-providing operations in euro (main refinancing operations) as well as longer-term refinancing operations.
MROs serve to steer short-term interest rates, to manage the liquidity situation and to signal the monetary policy stance in the euro area.