It has also narrowed the spread
to the parallel exchange rate market and could help lift the country's competitiveness in the medium term.
Sherk also notes that on an individual item basis, Target's basket narrowed the spread
recorded in January.
This flattened the yield curve and narrowed the spread
between the two to its tightest since July, when the country suffered a government crisis.
As was widely expected, the CBR left key policy rates unchanged today, and narrowed the spread
on 3m to 12m CBR refinancing instruments.
One-third of banks have reduced the cost of credit lines somewhat, and nearly two-thirds have narrowed the spread
of their loan rates over their cost of funds.
ECB's bond-buying agreement had restored some market confidence and narrowed the spread
between core and peripheral debt in the region.
Some banking industry observers believe that IOR may have caused banks to hold excess reserves rather than use them to fund loans, noting that paying interest has narrowed the spread
between the interest earned on a loan and the interest earned by simply holding funds in a Federal Reserve account.
In March 2008, the Fed once again narrowed the spread
, this time to 25 basis points, and extended the loan term to ninety days.
The demand for bonds pulled yields down and narrowed the spread
over Treasury rates, which also declined over the quarter.
which narrowed the spread
by 16 despite falling U.S.
The Federal Reserve, on the other hand, first narrowed the spread
between the primary credit rate and the federal funds rate and then lowered the federal funds rate by 50 basis points (from 5.25 percent to 4.75 percent).
Demand for corporate bonds also narrowed the spread
of their yields over Treasury rates.