Fixed-rate tender

A central bank specifies the interest rate at which banks can bid (for an amount they choose) for allotments of central bank money. – See fixed-rate tender.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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https://www.jung-stilling-gesellschaft.de/merk/
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