Open Market Operations in EU Countries

A. Aspetsberger

Working Papers from European Monetary Institute

Abstract: The increasing weight of open market transactions in central bank operations and the widening use of purchase agreements underlines a progress towards convergence of monetary policy instruments and procedures in EU countries. This paper presents a survey of features of open market operations currently employed by EU central banks.

Keywords: MONETARY POLICY; CENTRAL BANKS (search for similar items in EconPapers)
JEL-codes: E52 E58 (search for similar items in EconPapers)
Date: 1996
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Persistent link: http://EconPapers.repec.org/RePEc:fth:eurmoi:3

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