Outright transactions

The main function of this instrument is structural management of the liquidity in the banking system, which would lead to a long-term change in the liquidity level. Outright transactions may be conducted in both directions, for providing or withdrawing liquidity from the banking system, through an outright purchase i.e. sale of securities on the secondary market. Outright transactions are conducted with the banks on a bilateral basis.

Decision on purchase and sale of securities on temporal and outright basis by the National Bank of the Republic of Macedonia