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The Single monetary policy in stage three (1997)  

Públic ISBD Títol : The Single monetary policy in stage three : specification of the operational framework Tipus de document : text imprès Autors : Institut Monetari Europeu, Autor Editorial : Frankfurt am Main : European Monetary Institute Data de publicació : 1997 Nombre de pàgines : vi, 106 p. ll. : taules, gràf. Dimensions : 30 cm ISBN/ISSN/DL : 978-92-916602-1-6 Nota general : Disponible també en versió electrònica Idioma : Anglès (eng) Matèries : Comunitat Econòmica Europea, Països de la -- Integració econòmica Comunitat Econòmica Europea, Països de la -- Integració monetària Comunitat Econòmica Europea, Països de la -- Política monetària Moneda -- Comunitat Econòmica Europea, Països de la Classificació : 014(4) Política monetària-Europa Resum : The European Monetary Institute (EMI) is today publishing a report entitled "The single monetary policy in Stage Three: General documentation on ESCB monetary policy instruments and procedures". The report contains a detailed description of the monetary policy instruments and procedures prepared by the EMI to be submitted to the European Central Bank (ECB) after its establishment. The report expands on, and updates, the material included in the EMI report entitled "The single monetary policy in Stage Three: Specification of the operational framework" (published on 10 January 1997). The new report is intended particularly to provide financial institutions with the information they need to prepare themselves to participate in ESCB monetary policy operations in Stage Three of EMU. In this respect, the report first sets out the criteria to be fulfilled by financial institutions to be eligible counterparties to ESCB monetary policy operations. It then presents the features of the different types of open market operations which might be conducted by the ESCB (the main refinancing operations, the longer-term refinancing operations, fine-tuning operations, and structural operations) and of the ESCB's two standing facilities (the marginal lending facility and the deposit facility). The report contains a detailed description of the procedures related to the various types of operations. Furthermore, the report specifies the eligibility criteria and risk control measures to be applied to assets underlying the ESCB's liquidity-providing operations. Finally, the report presents the features of the ESCB's minimum reserves system as prepared by the EMI. Enllaç al recurs electrònic : http://www.ecb.int/pub/pdf/othemi/pub_05en.pdf Format del recurs electrònic : Accés en línia Permalink : https://bibliotecatriasfargas.cat/pmb/opac_css/index.php?lvl=notice_display&id=7 The Single monetary policy in stage three : specification of the operational framework [text imprès] / Institut Monetari Europeu, Autor . - Frankfurt am Main : European Monetary Institute, 1997 . - vi, 106 p. : taules, gràf. ; 30 cm. ISBN : 978-92-916602-1-6 Disponible també en versió electrònica Idioma : Anglès (eng) Matèries : Comunitat Econòmica Europea, Països de la -- Integració econòmica Comunitat Econòmica Europea, Països de la -- Integració monetària Comunitat Econòmica Europea, Països de la -- Política monetària Moneda -- Comunitat Econòmica Europea, Països de la Classificació : 014(4) Política monetària-Europa Resum : The European Monetary Institute (EMI) is today publishing a report entitled "The single monetary policy in Stage Three: General documentation on ESCB monetary policy instruments and procedures". The report contains a detailed description of the monetary policy instruments and procedures prepared by the EMI to be submitted to the European Central Bank (ECB) after its establishment. The report expands on, and updates, the material included in the EMI report entitled "The single monetary policy in Stage Three: Specification of the operational framework" (published on 10 January 1997). The new report is intended particularly to provide financial institutions with the information they need to prepare themselves to participate in ESCB monetary policy operations in Stage Three of EMU. In this respect, the report first sets out the criteria to be fulfilled by financial institutions to be eligible counterparties to ESCB monetary policy operations. It then presents the features of the different types of open market operations which might be conducted by the ESCB (the main refinancing operations, the longer-term refinancing operations, fine-tuning operations, and structural operations) and of the ESCB's two standing facilities (the marginal lending facility and the deposit facility). The report contains a detailed description of the procedures related to the various types of operations. Furthermore, the report specifies the eligibility criteria and risk control measures to be applied to assets underlying the ESCB's liquidity-providing operations. Finally, the report presents the features of the ESCB's minimum reserves system as prepared by the EMI. Enllaç al recurs electrònic : http://www.ecb.int/pub/pdf/othemi/pub_05en.pdf Format del recurs electrònic : Accés en línia Permalink : https://bibliotecatriasfargas.cat/pmb/opac_css/index.php?lvl=notice_display&id=7

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