Open market operation

Without a developed national debt market, the central bank cannot utilize open market operation to adjust monetary supply efficiently and the fiscal policy also cannot be implemented successfully.

如果没有一个发达的国债市场，中央银行就无法通过公开市场业务有效地影响货币供应量，财政政策的活动空间也会很小。

The open market operation makes difference to the movement of monetary market and bond market.

公开市场操作影响了货币市场和债券市场利率的走势；

On the Economic Law Attribute of the Open Market Operation Law System

论公开市场操作法律制度的经济法属性

Empirical test of the effectiveness of the open market operation

公开市场业务有效性的实证检验

The open market operation has its limitation;

公开市场业务存在一定的局限性；

On the other hand, open market operation has some disadvantages.

公开市场业务可以灵活精巧地进行；

Beginning with the definition of the open market operation, this thesis compares tools of indirect monetary policy, and systematically elaborates the advantage of the open market operation.

本文从理解公开市场业务的含义入手，接着对三大间接货币政策工具进行了比较，并归纳出公开市场业务的优点。

Bond market is the fundamental market of open market operation which acts as one of the three monetary policy instruments.

债券市场是中央银行三大货币政策工具之一的公开市场业务的基础市场。

The Research on the Open Market Operation of China Central Bank

中国中央银行公开市场业务操作研究

A Brief View of Development of Our Country's Open Market Operation

浅议我国公开市场业务的拓展

With the quickening of financial market construction, the time comes to adopt the open market operation policy.

随着金融市场化步伐的加快，公开市场业务操作的时机日臻成熟。

Open market operation ofthe central bank can produce a series of macro economy effects: having better control to the total amount of money supply;

中央银行通过公开市场业务操作会产生一系列的宏观经济效果：对货币供应量有较好的控制；

Liquidity management through open market operation by central bank has crucial effect on the formation of interest rate expectation and liquidity expectation in market.

中央银行采用公开市场操作进行的流动性管理对于市场形成稳定的利率预期、流动性预期具有重要的作用。

The Federal Reserve System performed the open market operation successfully.

公开市场业务在美国运用的最为成功，尽管公开市场业务并非为美联储最先使用。

Open market operation is the main instrument to control base money and interest rate in developed countries.

以美国为首的发达市场经济国家主要通过公开市场业务来调控基础货币和利率，中国央行的公开市场业务自1998年以来也得到了快速发展，已成为央行日常货币政策操作的主要政策工具。

A Study on Effectiveness of Open Market Operation of China's Central Bank's Influence to the Market Behavior

我国公开市场操作对市场行为有效性的研究

Diversification of Open Market Operation Instruments in China

我国公开市场业务操作工具的多元化选择

The central bank adjusts the banking system's level of reserve fund, controls the issuance of currency and influences currency supply and economic operation through open market operation.

它是通过改变银行体系的准备金总量而控制基础货币投放、以调节微观经济主体头寸余缺而影响整个社会货币供应量的。

The Effect of Payment System Development on Open Market Operation

支付系统发展对公开市场操作效果的影响

China's current major instruments of monetary policy include open market operation, interest management, reserve regime, sub-loans and sub-discount.

中国目前的主要货币政策工具包括公开市场操作，利率管理，存款准备金制度，次级贷款和次级贴现。

Owing to deficiency and limitation of market size, variety, term structure and operating target, open market operation has not operated an effective function on stock price.

公开市场业务由于在市场规模、操作品种、期限结构和业务目标等方面仍存在不足和缺陷，目前还不能对股票价格有效发挥作用。

Monetary policy is performed by the central bank using reserve requirement and rediscount and open market operation.

货币政策一般是由各国中央银行来实施，货币政策手段主要有法定准备金率、贴现率和公开市场业务。

Some policy suggestions are therefore offered including extending the application scope of exchange funds, changing FER monetary structure and perfecting open market operation.

提出了扩展外汇资金运用方式，调整外汇储备的币种结构，完善公开市场业务等应对策略。

In china, the open market operation scale is limited, to present, it is not a kind of main monetary policy.

我国的公开市场业务从1996年4月9日开始，操作规模有限，至今还不能算是中央银行主要依赖的货币政策工具。

To cultivate indirect and marketable tools of monetary policy, put premium on the role of rate and open market operation in the regulation of monetary policy.

培育市场化、间接化的货币政策调控工具，注重利率和公开市场操作在货币政策调控中的作用。

On the Financial Restrictions of Open Market Operation in China Governmental Affairs Publicity

论我国公开市场业务的财政约束政务公开

Indirect Regulation and Open Market Operation of the Central Bank

中央银行的间接调控与公开市场业务

Development and Perfection of Open Market Operation in China

刍议公开市场业务在我国的发展和完善

From macro control aspects, three measures should be taken to reduce the noise trade: open market operation; trade tax and short-term capital income tax.

从宏观调控的角度看，可以采取三种措施来降低噪音交易者的交易：公开市场操作；征收交易税；征收短期资本收益税。

Open market operation is one of the most important tools for the Central Bank to achieve its monetary policy.

公开市场业务是各国中央银行贯彻货币政策目标的主要工具之一。