Gen-Saki
What is 'Gen-Saki'
A secondary market in Japan, also known as a repo market for its similarity to repurchase agreements. It is a medium for government bonds, in the Japanese market only, to be reissued and resold at the new rate. Gen-Saki is available to both corporations and financial institutions.
Explaining 'Gen-Saki'
When setting the Gen-Saki rate, the yen London interbank offered rate is heavily considered as it accurately reflects the deposit market rate.
Further Reading
Financial Barriers in the Pacific Basin: 1982-1992
www.jstor.org [PDF]
… interest differential narrowed for Australia and New Zealand, as their programs of financial liberalization admitted … increased slightly over cer tain subperiods in Japan and Canada, but the economic magnitudes were … Menzie Chinn: Department of Economics, Crown College …
www.jstor.org [PDF]
… interest differential narrowed for Australia and New Zealand, as their programs of financial liberalization admitted … increased slightly over cer tain subperiods in Japan and Canada, but the economic magnitudes were … Menzie Chinn: Department of Economics, Crown College …
www.oecd-ilibrary.org [PDF]
… interest differential narrowed for Australia and New Zealand, as their programs of financial liberalization admitted … increased slightly over cer tain subperiods in Japan and Canada, but the economic magnitudes were … Menzie Chinn: Department of Economics, Crown College …
www.tandfonline.com [PDF]
… interest differential narrowed for Australia and New Zealand, as their programs of financial liberalization admitted … increased slightly over cer tain subperiods in Japan and Canada, but the economic magnitudes were … Menzie Chinn: Department of Economics, Crown College …
www.sciencedirect.com [PDF]
… interest differential narrowed for Australia and New Zealand, as their programs of financial liberalization admitted … increased slightly over cer tain subperiods in Japan and Canada, but the economic magnitudes were … Menzie Chinn: Department of Economics, Crown College …
Tags:accessaccountagreementsbankbankingbillbondbondsbusinessdepositsdictionaryeconomiceconomicsfinancefinancialgeneralgovernmentincomemarketmarketsmoneyrateratesreceivedreposchoolstatesunitedyears
Q&A About Gen-Saki
What party does she belong to?
She belongs to the Democratic Party.
Where does the yen London interbank offered rate come into play with the Gen-Saki?
The yen London interbank offered rate is heavily considered when setting the Gen-Saki rate because it accurately reflects deposit market rates.
What are some other names for this type of transaction that occurs between two parties in order to change interest rates on government debt without going through legislative channels?
A repurchase agreement or repo; also known as reissuance and resale.
Who can participate in the Gen-Saki?
Both corporations and financial institutions can participate.
How does one set a new interest rate for government bonds through the use of a secondary market?
By using a repurchase agreement, or repo, to sell and then buy back government bonds at a higher price. This process allows for an increase in interest rates on government debt without having to go through legislative channels.
What is the Gen-Saki?
The Gen-Saki is a secondary market in Japan.
How many times has she been married?
Twice.
Who is Gen-Saki?
She is an American political advisor serving as the 34th and current White House press secretary.
What is Gen-Saki's full name?
Jennifer Rene Psaki.
Where did she previously work in the Obama administration?
She previously worked as a deputy press secretary, deputy communications director, and spokesperson for the State Department.