Open Market
Last updated
Last updated
The Open Market screen utilizes a shared configuration regarding Time frames (daily, weekly, monthly).
The components that apply time frame changes include Open Market Operations, Money Market Operations, Outstanding Volume
1. Open Market Operations
The data table includes information about Sell outright, Reverse Repo, Net Pumping, Interest rates, Interbank Average Interest Rates, and Interbank Trading Volume.
Regarding the data in the categories of Outright Bonds, Reverse Repo, and Net Pumping, the values represent the impact of cash flows from activities on the monetary market, including:
Positive sign (White color): Indicates that cash flow is being pushed (pumped) into the market.
Negative sign (Red color): Indicates that cash flow is being pulled (withdrawn) out of the market.
Regarding the activities of Outright Bonds and Reverse Repo, the issuing equivalent of these instruments will have opposite effects on the Monetary Market, whereby opening Outright Bonds is to pulling cash flow out, while opening Reverse Repo (Buy term) is equivalent to pumping cash flow into the market.
2. Money market operation
Users can interactively select indicators in the Open Market Operations screen to display on the chart.
The same principle applies to the issuance of Sell outright and Reverse Repo:
Sell outright issuance volume (money withdrawal): The value will be less than 0, and the chart will be displayed in red pointing down on the vertical axis.
Sell outright redemption volume (money injection): The value will be greater than 0.
Reverse Repo issuance volume (money injection): The value will be greater than 0.
Reverse Repo redemption volume (money withdrawal): The value will be less than 0.
The daily net injection/withdrawal volume is clearly distinguished by color between daily injection and withdrawal status on the OMO channel.
3. Outstanding volume
Reverse Repo outstanding: Display the value of Reverse Repo based on new issuance and daily maturity data. New issuance will have a value > 0 and maturity will have a value < 0.
Sell outright outstanding: Display the value of Sell outright based on new issuance and daily maturity data. New issuance has a value < 0, and maturity has a value > 0, reflecting the net injection/withdrawal value.
Acc OMO net injection/withdrawal: Calculated based on the total daily net injection/withdrawal value in the selected period. The index allows users to know the total cumulative injection/withdrawal value in the selected period.
Note: The displayed value is based on the last day of the selected period. For the Week/Month period, it is the last day of the Week/Month. Users need to note that the displayed value is not the highest value in the selected period.
4. Open Market auction results
Display daily Open Market Operations (OMO) auction results, including Auction date, Participants/winners, Amount of the winning bid, and Interest rate.
