High-Level Summary Technical Assistance Reports

Bhutan: Development of an Interest Rate Corridor Framework

By Oleg Churiy, Bernard J Laurens

February 28, 2025

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Format: Chicago

Oleg Churiy, and Bernard J Laurens. "Bhutan: Development of an Interest Rate Corridor Framework", High-Level Summary Technical Assistance Reports 2025, 006 (2025), accessed March 31, 2025, https://doi.org/10.5089/9798229002158.029

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Summary

At the request of the Royal Monetary Authority of Bhutan (RMA), an IMF South Asia Regional Training and Technical Assistance Center (SARTTAC) visited Thimphu during August 20-29, 2024. The mission’s objectives were to assist the authorities in setting up interest rate corridor (IRC) and operationalizing the related instruments, operations, liquidity forecasting, and collateral frameworks.

Subject: Asset and liability management, Central Banks, Interest rate corridor, Liquidity forecasting, Liquidity management, Monetary policy, Open market operations

Keywords: Capacity development recipient, High-level summary, IMF South Asia Regional Training and Technical Assistance Center, Interest rate corridor, International organization, Liquidity forecasting, Liquidity management, Monetary policy, Money market development, Open market operations, Staff capacity

Publication Details

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