IDEAS home Printed from https://ideas.repec.org/a/cbi/qtbart/y2016m07p56-67.html
   My bibliography  Save this article

The New Paradigm: Analysis of Eurosytem Monetary Operations

Author

Listed:
  • Graham, John

    (Central Bank of Ireland)

  • Luskin, Alaoishe

    (Central Bank of Ireland)

  • Nolan, Anthony

    (Central Bank of Ireland)

Abstract

In 2015 and the first half of 2016, the actions of global central banks continued to be one of the main drivers of financial markets and a key focus for market participants. In this article, we review the Eurosystem experience over this period outlining the main changes to the Eurosystem’s operational framework, in particular the expansion of the asset purchase programmes, and analyse the impact of these measures on Eurosystem liquidity provision and on liquidity conditions. In this context, the article also summarises developments in the euro-area money market over the review period and provides a brief summary of the debt capital market activity of both the Irish sovereign and main domestic banks.

Suggested Citation

  • Graham, John & Luskin, Alaoishe & Nolan, Anthony, 2016. "The New Paradigm: Analysis of Eurosytem Monetary Operations," Quarterly Bulletin Articles, Central Bank of Ireland, pages 56-67, July.
    • Handle: RePEc:cbi:qtbart:y:2016:m:07:p:56-67
    as

    Download full text from publisher

    File URL: https://centralbank.ie/docs/default-source/publications/quarterly-bulletins/qb-archive/2016/qb3-16/gns-5-1-1-1-quarterly-bulletin-no-3-2016.pdf?sfvrsn=10#page=54
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbi:qtbart:y:2016:m:07:p:56-67. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Fiona Farrelly (email available below). General contact details of provider: https://edirc.repec.org/data/cbigvie.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.