Moreover, the average remaining maturity of the Bank’s JGB purchases has been extended from slightly less than three years to about seven years – equivalent to the average maturity of the amount outstanding of JGBs issued.
Still, I find it very surprising that a country, such as Serbia, should have so many “professors” and “experts” on monetary policy who are a disgrace to their own profession and the very subject matter that they have been teaching their students for decades.