Question:
How can Central Banks act as the Banker to the Government
Author: eric_galvaoAnswer:
-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
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