As for the types of bonds, the central bank has already begun
buying private sector assets, such as bundles of real estate loans.
Not exact matches
Central banks have greatly expanded their balance sheets in order to
buy assets from the
private sector (Graph 7).
Chinese
private equity firms will accelerate efforts to
buy into Australian mining
assets and companies over the next 12 months, hunting for bargains in a
sector reeling from plunging commodity prices.
Secondly the BOJ
bought assets principally from banks, so there was no direct effect on broad money, whereas the Bank of England is working through a wider range of channels, focusing on the non-bank
private sector.
It then uses this new money to
buy assets, such as government bonds, from
private sector businesses including high street banks, pension funds and insurance companies.
Now suppose the Fed decides to adopt an inflation target of 5 % instead, which it achieves by
buying up
private sector assets such as equities1 while still holding the Fed Funds rate at 0 %.
Recent highlights include advising the Borough of Wandsworth on an estate renewal scheme, which involves structuring contractual agreements with the
private sector, site assembly issues, including
buying residential and community
assets in preparation for the regeneration, advice on CPO strategy, planning issues and technical housing law issues.