Xem 1-5 trên 5 kết quả Minimum reserves
  • A prerequisite for using the facilities offered by the Bundesbank for cashless payments is a current account with the Bundesbank. 1 The Bundesbank manages current accounts for banks and public authorities and, in exceptional cases - with a limited range of services - also for companies and private individuals. Apart from the minimum reserve balances, current accounts with the Deutsche Bundesbank do not bear interest and are run on a credit basis only. In accordance with the cover principle laid down in the BBankG, payment orders are only executed if sufficient cover is available.

    pdf45p enterroi 02-02-2013 27 10   Download

  • This document presents the operational framework chosen by the Eurosystem* for the single monetary policy in the euro area. The document, which forms part of the Eurosystem’s legal framework for monetary policy instruments and procedures, is intended to serve as the “General Documentation” on the monetary policy instruments and procedures of the Eurosystem, and is aimed, in particular, at providing counterparties with the information they need in relation to the Eurosystem’s monetary policy framework....

    pdf106p greengrass304 14-09-2012 21 8   Download

  • In a second step, the bank needs to get the base money necessary for the credit expansion (note that empirically, banks have to fulfil their reserve requirements only ex post so they expand credit before getting the reserves necessary to back them). For simplicity, we assume a minimum reserve requirement of 100 per cent on deposits, so the bank needs to get 100 pesos in central bank reserves. If the bank is solvent and has sound marketable securities, it can borrow these reserves from the central bank either via the discount window or via open market...

    pdf35p enterroi 01-02-2013 15 4   Download

  • One of the unique f iscal agency functions that the Reserve Banks provide to the Treasury is a program through which the Reserve Banks invest Treasury monies until needed to fund the government’s operations. The Treasury receives funds from two principal sources: tax receipts and bor- rowings. The funds that f low into and out of the government’s account vary in amount throughout the year; for example, the account balance tends to be relatively high during the April tax season.

    pdf24p machuavo 19-01-2013 27 7   Download

  • The Government will lay an order under section 5 of the Wireless Telegraphy Act 2006. This order will direct Ofcom to reserve GI spectrum for the purposes of local TV. To do this Ofcom will reserve an 8MHz package (the minimum allocation of spectrum due to the way in which it is packaged in the UK) of GI at relevant locations. The order will enable Ofcom to determine the process for awarding the multiplex licence. The order will specify that – where appropriate – the capacity will be used by local TV services licensed under section...

    pdf38p dambaotaikhoan 06-05-2013 18 2   Download

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