Transitory Expansion Operations
Expansion can be transitory or permanent. Transitory expansion operations are performed through repurchase operations known as repos (repurchase agreements). These are short-term operations by which the Central Bank loans money and receives a collateral in return (e.g. bonds). Upon maturity of the term agreed by the Central Bank and the financial institution, the bond must be returned to the entity once the commitments have been fulfilled. On the other hand, permanent expansion open market operations refer to the Central Bank’s purchases of sovereign bonds.
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Transitory Expansion Operations | |
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For a given date (Information available since January 2004) |
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Historical data (Information available since January 2004) |
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