Suppose the current overnight trading rate at 1.1%, while the lower limit of the operating band is 1.25%, what action will the bank take to make the overnight money trades within the operation band? A SPRA B SRA C SPECIALS D REDEPOSITE Y I cannot choose A?
同学你好，这道题可以这样理解：
如果隔夜利率低于lower limit of the band, 那么现在需要提高利率。因为理想的target overnight rate是在operating band的中间。所以答案是B。SRA的目的是increase overnight rate. SPRA的作用则完全相反。
下次可以直接将问题发送至我微信。
感谢你的提问。