The-definition.com

Definition

Open market operations (OMO)

Open market operations (OMO) is the purchases and sales of securities – in most cases, direct obligations of the government – that are designed to move bank reserves and interest rates toward levels desired by a central bank (such as the Federal Reserve System).

Share it:  Cite

More from this Section

  • Basket
    Basket applies to derivative products. Group of stocks that is formed with the intention ...
  • Revocable beneficiary
    Revocable beneficiary designation allowing the policyholder the right to change the beneficiary ...
  • Charter of incorporation
    Charter of incorporation is a license to open and operate a commercial bank, issued by ...
  • Tier 1 Capital
    Tier 1 Capital refers to core capital consisting of Capital, Statutory Reserves, Revenue ...
  • Company adjustor
    Company adjustor claims adjustor who is a salaried employee representing only one company. ...