Direct operations
id:
direct-operations-288-9337218
title:
Direct operations
text:
Direct operations is the term for when a central bank purchases bonds directly from its government. Direct operations work as follows: Governments typically sell bonds when their expenditures exceed revenue from taxes. This issuance of bonds occurs is termed the primary market, and the value of the outstanding bonds constitutes a national debt. Paying interest on outstanding bonds means tax rates will be higher, but national debts have an advantage: they can be extremely useful for conducting mo
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Direct_operations
date created:
date modified:
2023-07-09T23:08:47Z
main entity:
{"identifier":"Q5280373","url":"https://www.wikidata.org/entity/Q5280373"}
image:
fields total:
13
integrity:
13