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Exact(3)
The new agency may be leaned on to buy domestically issued development bonds, even if they provide low returns.
More specifically, a change in the monetary policy rate by one percentage point is associated with a short-run impact on the change of domestically issued bond rates by 0.5 0.6 percentage points, depending on the maturity of the instrument.
Table 3 presents the results of the ADL estimation in Eq. (2) for the government bond rates.16 As expected, changes in the monetary policy rate only affect changes in the rates of domestically issued bonds.
Similar(57)
Domestically, issues like taxes, deficits, health care, stem-cell research, jobs and gasoline prices required better action.
Domestically, issues such as low labor productivity, public sector inefficiency and the growing education gap with the other industrialized countries demand urgent responses.
Foreigners can buy debt issued domestically, but artificially low yields and the risk of another default make that unappealing.
Conventional measures typically include debt securities issued domestically and official cross-border bank lending but not bonds issued in foreign markets by emerging-market multinationals.
Only about 200 US citizens have been identified so far in the leaked data, but the US justice department, which aggressively pursues cases both domestically but internationally, issued a statement saying it "takes very seriously all credible allegations of high level, foreign corruption that might have a link to the United States or the US financial system".
Domestically, many issues remain unresolved.
Domestically, the issue can only harm him.
Domestically the issue has overshadowed President Enrique Peña Nieto's landmark energy reforms, which he signed into law on August 11th.But the official response has been tin-eared.
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CEO of Professional Science Editing for Scientists @ prosciediting.com