System Open Market Account (SOMA)
GPTKB entity
Statements (20)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
central bank account
|
| gptkbp:established |
1935
|
| gptkbp:governedBy |
gptkb:Federal_Open_Market_Committee_(FOMC)
|
| gptkbp:heldBy |
gptkb:U.S._Treasury_securities
foreign currency reserves federal agency securities repurchase agreements reverse repurchase agreements |
| https://www.w3.org/2000/01/rdf-schema#label |
System Open Market Account (SOMA)
|
| gptkbp:location |
gptkb:New_York,_United_States
|
| gptkbp:managedBy |
gptkb:Federal_Reserve_Bank_of_New_York
|
| gptkbp:partOf |
gptkb:Federal_Reserve_System
|
| gptkbp:purpose |
implement monetary policy
|
| gptkbp:usedFor |
open market operations
foreign exchange operations liquidity management implementing FOMC directives |
| gptkbp:website |
https://www.newyorkfed.org/aboutthefed/fedpoint/fed14.html
|
| gptkbp:bfsParent |
gptkb:NY_Fed
|
| gptkbp:bfsLayer |
7
|