Seigniorage - Financial Services



	ID.:	7
	Title:	Seigniorage
	Website:	http://www.seigniorage.de
	Description:	Provides information about Seigniorage and institutions of the global financial system with specialization on Central Banks (listed in their respective national language).
	Details:	Seigniorage, also spelled seignorage or seigneurage, is the net revenue derived from the issuing of currency. Seigniorage derived from coins arises from the difference between the face value of a coin and the cost of producing, distributing and eventually retiring it from circulation. Seigniorage is an important source of revenue for some national banks. Seigniorage derived from notes is the difference between the interest earned on the government's securities portfolio, and the costs of producing and distributing bank notes. Ordinarily seigniorage is only an interest-free loan to the issuer because when the currency is worn out the issuer buys it back at face value thereby negating the revenue earned when it was put into circulation. Currently under the rules governing monetary operations of major central banks, seigniorage on bank notes is simply defined as the interest payments received by central banks on the total amount of currency issued. However if the currency is collected instead of being returned to the issuer the back end of the deal never occurs. Keywords: Seigniorage, Central Bank, Reserve Bank, Inflation, money, FED.

	Category:	Financial Services
	Linktype:	Regular Link
	Added:	04.08.2007
	Author:	Peter Hempel


	Action:	Report

Keywords: Seigniorage, Central Bank, Reserve Bank, Inflation, money, FED, Business & Economy, Financial Services