December 2020: New BIS Market Committee Compendium

The Compendium gives a comprehensive cross-country overview of the relevant aspects for monetary policy implementation. This includes information on eg institutional features of monetary policy frameworks, communication of policy and the “nuts and bolts” of operations (including reserve requirements, the modalities of standing facilities and the tools for open market operations). The Markets Committee shares such detailed information with the broader public in order to enhance market transparency and the understanding of central bank actions.

Link:   Markets Committee Compendium