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 , Monetary policy , International organization , IMF South Asia Regional Training and Technical Assistance Center , capacity development recipient , staff capacity , high-level summary , money market development , Interest rate corridor , Open market operations , Liquidity forecasting , Liquidity management
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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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