[2593] OMT; yet another acronym in crisis monetary policy
Posted in Economics on September 7th, 2012 1 Comment »
Yet just another day in the year of crisis monetary policy. And of course, yet another acronym to add to the alphabet soup. The acronym of the day is OMT. That stands for Outright Monetary Transaction. It is a unlimited but sterilized bond buying program aimed at keep yield of sovereign bonds down, with some [...]
