The funding cost for the liquidity support will be about the same as the open market operations rate over the same period, the PBOC said, without specifying any requirement for collateral.

中国人民银行表示，流动性支持的资金成本将与同期公开市场操作利率相同，无须提供任何抵押品。

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The Fed's open market operations are not at all neutral in allocating credit.

美联储在公开市场业务里的信贷分配根本谈不上中立。

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The Fed did not, in any event, employ aircraft in its open market operations.

不管怎样，美联储还没有在公开市场业务中使用直升机。

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Accordingly, fair values, earnings, and gains or losses resulting from the sale of such securities and currencies are incidental to the open market operations and do not motivate decisions related to policy or open market activities.

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On the one side is the economy portrayed by Ben Bernanke and the Federal Open Market Operations Committee (FOMC).

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For a while after October 1979, the FOMC tried to control the money supply directly through open market operations and the Thursday money data was watched with great interest.

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