Question:
How can Central Banks act as the Banker to the Government
Author: go kysAnswer:
-A Central Bank helps the Government manage the National Debt. This may involve Issuing Government Bonds -It also can offer Advice to the Government on Economic Matters, and help in Negotiating with International Financial Organisations -Note: It is the Debt Management Office, NOT the Bank of England, that issues Gilts (Gov Bonds) The Bank of England does play a Huge Role however in Facilitating the Transaction and Banking Services
0 / 5 Â (0 ratings)
1 answer(s) in total
Author
go kys![go kys](https://lh5.googleusercontent.com/-VcvAufixQC8/AAAAAAAAAAI/AAAAAAAAAAA/AMZuuclTgbVcwbkN34cKx-XDycscqf7VNg/s96-c/photo.jpg)