bennyjust11's Journal

 
    
13
Mar 2018
8:55 AM IST
   

PRIMARY MONEY MARKET

The Bank formerly only dealt with a limited number of the ‘discount houses’ (with the market also then being referred to as the discount market). The range of available counter parties with which the Bank can deal has since been extended and the range of instruments expanded, in particular, to include ‘repos’ (sale and repurchase agreements).�The cost at which the bank Deals also creates a floor rate (base rate) against which other lending costs can then be calculated. Learn more
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bennyjust11's Profile

  • Username: bennyjust11
  • Gender / Age: Male, 46
  • Location: United Kingdom
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