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Derivative securities --- 346.092 --- Jb3.e --- 333.605 --- 333.642 --- 333.647 --- AA / International- internationaal --- NBB congres --- Derivative financial instruments --- Derivative financial products --- Derivative instruments --- Derivatives (Finance) --- Financial derivatives --- Securities --- Structured notes (Securities) --- Congresses --- Nieuwe financiële instrumenten --- Termijn. Financial futures --- Optiemarkt --- Law and legislation
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Many central banks around the world are gradually shifting from a system of direct controls towards the implementation of monetary policy through market-oriented instruments, including refinance facilities. This paper reviews the use of refinance instruments in a sample of industrialized countries, and discusses how central banks use them to influence short-term interest rates and to manage banks’ reserves. Some lessons are suggested for their implementation in developing countries or economies in transition.
Banks and Banking --- Finance: General --- Money and Monetary Policy --- Investments: Derivatives --- Money Supply --- Credit --- Money Multipliers --- Monetary Policy --- Central Banks and Their Policies --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- General Financial Markets: General (includes Measurement and Data) --- Interest Rates: Determination, Term Structure, and Effects --- Pension Funds --- Non-bank Financial Institutions --- Financial Instruments --- Institutional Investors --- Banking --- Monetary economics --- Finance --- Standing facilities --- Money markets --- Market interest rates --- Money --- Monetary policy --- Financial markets --- Financial services --- Financial derivatives --- Financial institutions --- Banks and banking --- Money market --- Interest rates --- Derivative securities --- France
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AA / International- internationaal --- 333.613 --- 333.111.0 --- 333.139.2 --- 333.600 --- 333.605 --- 333.846.0 --- NBB multivolumes --- Derivative securities --- Monetary policy --- 332.15 --- 332.645 --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Derivative financial instruments --- Derivative financial products --- Derivative instruments --- Derivatives (Finance) --- Financial derivatives --- Securities --- Structured notes (Securities) --- Activiteiten van de nationale en internationale markten. Beursnoteringen van aandelen en obligaties. --- Algemeenheden. Theoretische en beschrijvende studies. Centrale banken. --- Bankcontrole en -reglementering. Reglementering van het bankberoep. --- Financiële markten. Kapitaalmarkten (algemeenheden). --- Nieuwe financiële instrumenten. --- Verband tussen het monetair, bank- en kredietbeleid en de economische ontwikkeling: algemeenheden. --- Macroeconomics --- Money. Monetary policy --- International finance --- Activiteiten van de nationale en internationale markten. Beursnoteringen van aandelen en obligaties --- Algemeenheden. Theoretische en beschrijvende studies. Centrale banken --- Bankcontrole en -reglementering. Reglementering van het bankberoep --- Financiële markten. Kapitaalmarkten (algemeenheden) --- Nieuwe financiële instrumenten --- Verband tussen het monetair, bank- en kredietbeleid en de economische ontwikkeling: algemeenheden
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