The paper discusses the reasons for central bank (CB) issuance of securities, and reasons for
choosing different approaches e.g. in maturities and target market. It provides evidence on
the range of different approaches taken by those CBs which do issue, as well as suggesting
reasons why some CBs do not; and provides operational guidelines on the major building
blocks of the issuance of CB securities.
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|Size: ||1.6 MB|
|Publisher: ||INTERNATIONAL MONETARY FUND|
|Date published: || 2015|
|ISBN: ||9781513513102 (DRM-EPUB)|
|Read Aloud: ||not allowed|