The implementation of monetary policy in the Euro area
Subtitle: general documentation on Eurosystem monetary policy instruments and procedures : applicable from 1 January 2012
Publisher: European Central Bank
Published: 2011
Place of publication: Frankfurt am Main]
Language: eng
Subjects: Monetary policy; Monetary unions; Euro; European Central Bank
Other titles: General documentation on Eurosystem monetary policy instruments and procedures; Official journal of the European Union. Legislation.
Description: Not exactly a beginners' book, the "General Documentation" presents the operational framework chosen by the Eurosystem for the single monetary policy in the euro area. The document was adopted by the Governing Council as Annex I to Guideline ECB/2011/14 of 20 September 2011 on monetary policy instruments and procedures of the Eurosystem and applies from 1 January 2012. For any subsequent amendments, please check the Legal Framework. Contents: 1. Overview of the monetary policy framework. 2. Eligible counterparties. 3. Open market operations. 4. Standing facilities. 5. Procedures. 6. Eligible assets. 7. Minimum reserves.
Notes: "February 2011."
Table of contents: title: chapter 1. Overview of the monetary policy framework; title: chapter 2. Eligible counterparties; title: chapter 3. Open market operations; title: chapter 4. Standing facilities; title: chapter 5. Procedures; title: chapter 6. Eligible assets; title: chapter 7. Minimum reserves.