Bhutan: Development of an Interest Rate Corridor Framework
At the request of the Royal Monetary Authority of Bhutan (RMA), an IMF South Asia Regional Training and Technical Assistance Center (SARTTAC) visited Thimphu during August 20-29, 2024.
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Volume/Issue:
Volume 2025
Issue 006
Publication date: February 2025
ISBN: 9798229002158
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Banks and Banking , Finance , Money and Monetary Policy , Business and Financial , Monetary policy , International organization , Money markets , Central bank policy rate , Liquidity management , Open market operations , Liquidity forecasting , Interest rate corridor
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Summary
At the request of the Royal Monetary Authority of Bhutan (RMA), an IMF South Asia Regional Training and Technical Assistance Center (SARTTAC) visited Thimphu during August 20-29, 2024. The mission’s objectives were to assist the authorities in setting up interest rate corridor (IRC) and operationalizing the related instruments, operations, liquidity forecasting, and collateral frameworks.
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