The open market operation makes difference to the movement of monetary market and bond market.

公开市场操作影响了货币市场和债券市场利率的走势；

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The paper holds that the open market operation by the central bank of China has been in conformity with its basic requirements, but coordination with public financial policy is still to be improved.

本文认为，我国央行的公开市场业务操作是符合其基本任务要求的，但在与财政政策的协调方面还有待于改进。

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The physical operation is complicated, the issues involved are subtle, and the use or abuse of open market operations is hotly disputed.

实际操作非常复杂，所涉及的问题也非常难以捉摸，而且，对开放市场操作的使用或滥用也一直存在激烈的争议。

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At this stage, when the bank makes a loan, the money supply rises by more than the amount of the open-market operation.

FORBES: How Has The Fed Evolved?

The monetary expansion following an open-market operation involves adjustments by banks and the public. (To find out more, see Formulating Monetary Policy.) The bank in which the original check from the Fed is deposited now has a reserve ratio that may be too high.

FORBES: How Has The Fed Evolved?

The only way that a fair price is achieved for any economic goods is the operation of the open market.

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