Main refinancing operations: Difference between revisions

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imported>Doug Williamson
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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.


See also