special deposits

The call for special deposits was used on fifteen occasions between June 1960 and the end of 1966.

Looking ahead, there is one other technique which could be used to offset a money market surplus: a call for special deposits.

These special deposits are frozen, and cannot be drawn on until the authorities choose to release them.

A uniform call for special deposits, it was argued, could upset their foreign business very substantially.

Once special deposits have been called, their release can be timed to match an expected money market shortage.

In practice, the Bank of England ceased using special deposits after 1980.

Finally, banks' liquidity can be reduced directly by techniques such as special deposits.

Releasing special deposits allows banks to create more credit.

Calls for special deposits are normally expressed as a uniform percentage of each bank's total eligible liabilities.

The special deposits are only released when the Bank of England feels that the time is right to allow credit to expand again.

Whenever these limits were exceeded, banks were required to place a proportion of them in special deposits.

Special deposits normally earn interest at a rate equivalent to the Treasury Bill rate.

Objects made of obsidian were often buried in elite tombs as special deposits or caches.

The government after 1980 chose not to use this method of controlling bank lending and hence the figure for special deposits in Table 16.2 is zero.

The Bank of England has the power to require banks to lodge 'special deposits' with it.

All monetary sector institutions with eligible liabilities of £10 million or more may be called upon to place special deposits with the Bank.

A variety of instruments are available for the conduct of monetary policy, such as reserve requirements, special deposits, open market operations, and the central bank discount rate.

Special deposits are deposits of banks from time to time required by the Bank of England to be lodged in addition to normal reserve requirements.

Portfolio controls consist of special deposits, supplementary special deposits, reserve requirements, directives, and moral suasion.

The special deposits (and after 1973 the supplementary special deposits) scheme would be applied to all banks and the larger finance houses.

A particular variant of special deposits, used on and off during the 1970s, was supplementary special deposits ('the corset').

They can increase the monetary base through open market operations or the release of special deposits, but they cannot force banks to lend if customers do not want to borrow.

MB: The total of all physical currency plus Federal Reserve Deposits (special deposits that only banks can have at the Fed).

The 'corset'(or supplementary special deposits) scheme was abolished in 1980, and the interest rate cartel in the building society industry was abolished in the early 1980s.

Two special deposits (a Terminal Classic skull cache and a Late Classic partial burial) were found in association with the stair, but neither revealed any artifactual offerings.