What is the difference between open market operation and primary market auction.
Primary bond market auction is a tool of Open market operation. During the OMO government needs to buy & sell some bonds by using this PMA approach to regulate economy.
What is the difference between open market operation and primary market auction.
Primary bond market auction is a tool of Open market operation. During the OMO government needs to buy & sell some bonds by using this PMA approach to regulate economy.