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Temporary OMO

An open market operation (OMO) that involves short-term repurchase and reverse repurchase agreements (repo and reverse repo) aiming to temporarily...

Temporary Open Market Operation

An open market operation (OMO) that involves short-term repurchase and reverse repurchase agreements (repo and reverse repo) aiming to temporarily...

Overnight RRP

It stands for overnight reverse repurchase rate (overnight RRP/ ONRRP); an overnight interest rate that is set by a central...

ONRRP

It stands for overnight reverse repurchase rate (overnight RRP); an overnight interest rate that is set by a central bank,...

Overnight Reverse Repurchase Rate

An overnight interest rate that is set by a central bank, at which to borrow money from non-bank entities (for...

IOER

It stands for interest on excess reserves; an administered interest rate and a central bank's (Fed Reserve's) tool that used...

Central Bank Reserve

A type of reserve and one of the three categories of money issued or maintained by a central bank (a...

Interest on Excess Reserves

An administered interest rate and a central bank's (Fed Reserve's) tool that used to control short-term interest rates. It is...

Commercial Bank Reserve

A monetary amount that is created and put aside in order to meet specific requirements, including, for banks (commercial banks)...

Bank Reserve

In general, a reserve (specifically, a commercial bank reserve) is a monetary amount that is created and put aside in...