bilateral procedure definition
bilateral procedure means a procedure whereby the NCBs or, in exceptional circumstances the ECB, conduct fine-tuning operations or outright transactions, directly with one or more counterparties, or through stock exchanges or market agents, without making use of tender procedures;
bilateral procedure means a procedure whereby the NCBs or, if appropriate, the ECB conduct outright transactions directly with one or more counterparties, or through stock exchanges or market agents, without making use of tender procedures;
bilateral procedure means a procedure of conducting open market operations where the CNB invites one or more counterparties to submit bids;
More Definitions of bilateral procedure
bilateral procedure means a procedure whereby the National Bank deals directly with only one or a few participants, without making use of auction procedures.
bilateral procedure is a procedure to conduct the interventions in the money market, for which commercial banks are contacted individually.