Examples of central bank balance sheets (Lecture U. Bindseil, Berlin, 29 April 2011)

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Presentation transcript:

Examples of central bank balance sheets (Lecture U. Bindseil, Berlin, 29 April 2011)

2 Reichsbank 1900

3 Reichsbank 1922

4 Latvia 2000

5 Ghana 2000

6 BoE

7 Main operational measures - Fed

8 Main operational measures - ECB

9 Eurosystem monetary policy operations across time

10 Excess Liquidity: comparative perspective Excess LiquidityExcess Liquidity as % of banknotes ECB March bn EUR< 5% ECB Nov/Dec bn EUR 29% Fed March bn USD 160% BoE March bn GBP270%