Assuming a specific home-currency for the transactions covered, six transaction specific information items are essential: (1) the counterparty of the transaction, (2) the principal amount, (3) the interest rate or lending fee, (4) information on underlying collateral (including type, issuer, maturity, currency and valuation of the collateral), (5) information on the applied haircut as well as (6) the tenor or maturity of the transaction.
•  The 1 to 3 percent target range remains the central focus of the Bank’s flexible inflation targeting framework, as has been the case since 2002.