Two major planks of the technical measures are the provision of a Convertibility Undertaking in respect of the Aggregate Balance and modifications to the Discount Window facility.
技术性措施的两个主要范畴是提供总结馀兑换保证,以及修订贴现窗机制。
What's essential about the Primary Dealer Credit Facility is that they're opening up the discount window of lending beyond the member bank to primary dealers.
一级交易商信贷工具中,最本质的东西是,他们将会员银行的贴现窗口,向一级交易商打开了。
When Banks were slow to respond, the Fed devised its "term auction facility" to make loans at the discount window cheaper and more anonymous (and therefore with less stigma for the borrowing bank).
在银行反应迟钝的时候,美联储实行“期限拍卖场”,以使从其贴现窗口获得的贷款便宜且匿名(也给了借款银行面子)。
When Banks were slow to respond, the Fed devised its "term auction facility" to make loans at the discount window cheaper and more anonymous (and therefore with less stigma for the borrowing bank).
在银行反应迟钝的时候,美联储实行“期限拍卖场”,以使从其贴现窗口获得的贷款便宜且匿名(也给了借款银行面子)。
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