Virtual : Monetary policy implementation Segment 3- Collateral framework for central bank liquidity

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Training Program: Virtual : Monetary policy implementation Segment 3- Collateral framework for central bank liquidity.
Target Audience: Central bank officials from CDOT and SARTTAC member countries interested in understanding and applying day-to-day implementation of monetary policy.
Qualifications: Participants are expected to be involved in monetary policy operations, collateral policies and collateral mobilization in their day-to-day work.

The course consists of three segments:
- interest rate corridor (August 2021);
- central bank daily liquidity management (October 2021); and
- collateral framework for central bank liquidity-providing operations (January 2022).
Audience relevance: The three topics are of interest to officials from central banks in the region, independent of their current monetary policy regime.
Delivery format: The third segment on central bank collateral frameworks consists of three 90-minute sessions held over three days in a virtual format.
Session content:
- Day 1: IMF expert presentation on the key principles of a central bank collateral framework.
- Day 2: Lecture elaborating on the eligibility of specific asset types.
- Day 3: Invited central bank presents a case study sharing experience and challenges in implementing its collateral framework, followed by a panel discussion.

Improve the understanding of operating and designing a central bank collateral framework based on well-defined eligibility criteria and risk mitigation measures.
Facilitate exchange of experiences with central banks from the region.