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Home > Education and Museum > CCBS Handbook No. 32 - Understanding the central bank balance sheet
 

CCBS Handbook No. 32 - Understanding the central bank balance sheet

29 June 2015

​Handbook No.32
by Garreth Rule

The central bank’s balance sheet plays a critical role in the functioning of the economy. The main liabilities of the central bank (banknotes and commercial bank reserves) form the ultimate means of settlement for all transactions in the economy. Despite this critical role the central bank’s balance sheet remains an arcane concept to many observers. This handbook provides a useful framework for understanding the necessary details.

CCBS Handbook No. 32 - Understanding the central bank balance sheet
Complete handbook version

CCBS Handbook No. 32 - Understanding the central bank balance sheet
Spanish language version
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