Glossary entry (derived from question below)
Spanish term or phrase:
acotadas por el pasillo
English translation:
constrained by the corridor
Added to glossary by
Charles Davis
Jul 12, 2013 14:09
10 yrs ago
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Spanish term
Spain
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acotadas por el pasillo
Spanish to English
Bus/Financial
Finance (general)
test material
I have a bit more context in this question than the first one I asked today. Here it is...
En relación al mercado interbancario las fluctuaciones del tipo de interés a un día están acotadas por el pasillo que determinan la facilidad marginal de crédito y la facilidad permanente de depósito.
Any help would be greatly appreciated.
En relación al mercado interbancario las fluctuaciones del tipo de interés a un día están acotadas por el pasillo que determinan la facilidad marginal de crédito y la facilidad permanente de depósito.
Any help would be greatly appreciated.
Proposed translations
(English)
| 4 +2 | constrained by the corridor |
Charles Davis
|
Change log
Jul 14, 2013 08:56: Charles Davis Created KOG entry
Proposed translations
+2
1 hr
Selected
constrained by the corridor
Or limited or bound, I presume. I used "constrained" because I found it in this Federal Reserve document:
"As long as the supply of balances remains in excess, limited variations in supply may have no effect on the market rate because the downward movement of the market rate is constrained by the corridor floor."
http://www.federalreserve.gov/pubs/ifdp/2010/996/ifdp996.pdf
There are endless references to interest rate corridors in this document and in many others, such as this from the IMF:
"Narrowing the policy interest rate corridor will, mechanically,
reduce short-term interbank rate volatility."
http://www.imf.org/external/pubs/ft/scr/2012/cr12218.pdf (p. 16).
"Pasillo" is probably a translation of "corridor", in fact.
"As long as the supply of balances remains in excess, limited variations in supply may have no effect on the market rate because the downward movement of the market rate is constrained by the corridor floor."
http://www.federalreserve.gov/pubs/ifdp/2010/996/ifdp996.pdf
There are endless references to interest rate corridors in this document and in many others, such as this from the IMF:
"Narrowing the policy interest rate corridor will, mechanically,
reduce short-term interbank rate volatility."
http://www.imf.org/external/pubs/ft/scr/2012/cr12218.pdf (p. 16).
"Pasillo" is probably a translation of "corridor", in fact.
4 KudoZ points awarded for this answer.
Comment: "Thanks Charles. Very convincing references."
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