Connect with IMF Institute
Financial Sector Policies

Virtual Course on Monetary Operations-Part 1. Interest Rate Corridor


Session No.: SA 21.39V

Location: New Delhi, India

Date: August 24-26, 2021 (1 week)

Primary Language: English

    Target Audience

    Central bank officials from CDOT and SARTTAC member countries interested in understanding and applying day-to-day implementation of monetary policy.

    Back to top


    Participants are expected to work in either a monetary policy and/or a monetary operations department.

    Back to top

    Course Description

    The course consists of three segments: i) interest rate corridor (August 2021); ii) central bank daily liquidity management (October 2021); and iii) collateral framework for central bank liquidity-providing operations (January 2022). These three topics are of interest to officials from central banks in the region, independent of their current monetary policy regime. The course will be delivered remotely. Each segment will be announced separately with a separate registration procedure.

    The first segment on the interest rate corridor will consist of three 90-minute sessions held over three days. It will bring together in a virtual format country officials and IMF experts to discuss the purpose, mechanics and implications of interest rate corridors for the conduct of monetary policy. On day one an IMF expert will deliver a presentation on the interest rate corridor. This will be followed on day two by case studies focusing on the experience of three countries in the region . Day three will consist of office hours devoted to further discussion.

    Back to top

    Course Objectives

    Improve understanding of operating on an interest rate corridor
    Facilitate exchange of experiences with central banks from the region

    Back to top

    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and public. Click Learn more to find our current offerings.

    Virtual : Assessing and Managing Fiscal Risks (AMFR)

    English, February 14-23, 2022, Singapore, Singapore

    Apply online by December 1, 2021

    Virtual : Systemic Macro Financial Risk Analysis (MFRA)

    English, March 14-25, 2022, Singapore, Singapore

    Apply online by December 1, 2021

    Virtual : Macroeconomic Diagnostics (MDS)

    English (French, Portuguese), January 17-28, 2022, Ebene, Mauritius

    Apply online by December 3, 2021

    Virtual: Formulating and Implementing a Medium-Term Debt Management Strategy (MTDS)

    English (Arabic), January 10-13, 2022, Kuwait City, Kuwait

    Apply online by December 5, 2021

    Virtual : Financial Soundness Indicators (FSI)

    English, February 28, 2022 - March 3, 2022, Singapore, Singapore

    Apply online by December 6, 2021