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Official discount rate

术语含义 Official discount rate

the interest rate of the central bank applied by it in their operations with commercial banks and other credit institutions when purchasing (recording) state obligations and rediscounting private commercial bills. Adjusting the rate opens up the possibility for the central bank to influence the level of discount and other interest rates of commercial banks and the volume of operations of the entire credit market. The Central Bank regulates (mostly indirectly) the loan capital market.

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