The SFSOs, like the ECB's FRFA repurchase agreement (repo) auctions, constituted QE because they increased the monetary base.
The BOJ also expanded its FRFA bank loans into outright bond purchases.
release 10/15/2008 FRFA Governing Refinancing Council operations press expanded: All release refinancing operations will be conducted with fixed-rate tenders and full allotment; the list of assets eligible as collateral in credit operations with the Bank is expanded to included lower rated (with the exception of asset-backed securities) and non-euro- denominated assets.
2001) ("Purely procedural, however, RFA section 604 requires nothing more than that the agency file a FRFA [Final Regulatory Flexibility Analysis] demonstrating a 'reasonable, good-faith effort to carry out [RFA's] mandate.
These notices could properly be considered as one rulemaking, as they were accompanied by a single FRFA and addressed the same general regulatory framework (food labeling).