Finland’s Liikanen calls for rethink of open market operations


Eurosystem central banks should adopt a new strategy to open market operations which distinguishes market rates for monetary policy with those that affect bank liquidity, Erkki Liikanen, the governor of the Bank of Finland, said on Friday.

At a seminar of the foundation for the Promotion of Securities Markets in Helsinki, Finland, Liikanen said: "Before the crisis, the Eurosystem accepted a wider set of assets as collateral than most of its peer institutions did. Furthermore, some of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: