Issuance of Central Bank Securities : International Experiences and Guidelines ePub (Adobe DRM) download by Simon Gray

Issuance of Central Bank Securities : International Experiences and Guidelines

INTERNATIONAL MONETARY FUND
Publication date: May 2015
ISBN: 9781513513102
Digital Book format: ePub (Adobe DRM)

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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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