Outright Monetary Transactions

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
OMT
Pronunciation
/ˈaʊˈtraɪt ˈmɑnəˌtɛri trænˈzækʃənz/
Category
Governmental
Related Field
State & Local

Examples in Context

  1. Known as the outright monetary transactions, the ECB essentially formalized the process by which it would intervene in the debt market of a eurozone member.
  2. Even with the contingent offer from the European Central Bank of outright monetary transactions, higher government debts would eventually trigger a crisis as much political as economic.
  3. Faced with this catastrophic scenario, Mr Draghi and the ECB staff came up with a new lifeline : outright monetary transactions.
  4. The ECB should then use its new policy of " outright monetary transactions " to lower interest rates on government debt to some 3 per cent.
  5. The programme of Outright Monetary Transactions(OMT), announced by the European Central Bank in 2012, might need to be implemented, to calm nerves.

Other meanings of OMT