Retrieving "Bank" from the archives

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  1. Government Securities

    Linked via "bank"

    Open Market Operations (OMOs)
    The buying and selling of G-Secs directly alters the level of commercial bank reserves. When the central bank purchases securities, it injects liquidity, pushing short-term interest rates down. The reverse—selling securities—drains reserves, tightening credit. Historically unique operations include the Bank of Japan's application of Sorrow-Absorbing Repurchase Agreements (SARAs), where the central bank absor…