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XVIII
2.5. ÔÌÈÒ¼Õ Î× »ÖÅÉ ËÁÒÎÖ¼ ÅÒ ÒÈÍ ÏÌÈÑÈ
................................................138
2.5.1. оÑÔÎ Î× ÏÌÈÑÅ ÁÇÁÓ, ËÁÒ»ÖÅÉ ¼ ÅÊÁËÎÌÎ×ÓŽ ÍÁ ËÁÒ»ÖÅÉ
ÒÁ ÁÇÁÓ¼ ÒÁ »ÇÇÐÁÆÁ Ò½ÒÌÎ× Å½ ÒÔÍ ÁÇÁÓÏÍ
.........................................139
2.5.2. ¥ ÁÐÄÎÑÈ ¼ È ÅÒÁ½ÂÁÑÈ ÒÔÍ ÁÇÁÓÏÍ ¼ ÒÔÍ ÅÇÇÐÆÔÍ Ò½ÒÌÎ×
ÓÁ лÅÉ ÍÁ ǽÍÅÒÁÉ Á¾ ÒÎÍ ÔÌÈÒ¼ ¼ Á¾ ÅÎÐÉ˾ ÁÍÒÉоÑÔÎ
Î× ÅÍÅÐÇŽ ÇÉÁ ÌÎÇÁÐÉÁѾ ÒÎ×
................................................................141
2.5.3. ×ÍÅÉ ÎÎÉÁÑļÎÒÅ ÏÌÈÑÈÕ, ÅÍÅÖ×нÁÑÈÕ ¼ ÌÌÈÕ ÄÉÓÅÑÈÕ Á×ÒÏÍ
....142
2.5.4. оÑÔÎ Î× ÁÐÁÌÁÂÍÅÉ Á×ÒËÁ̾ÉÑÒÁ ËÁÉ ÖÔÐ½Õ ÇÍÏÑÈ
ÒÈÕ ÐÎÈÇÎÀÅÍÈÕ ÏÌÈÑÈÕ
......................................................................143
2.5.5. ±Î ÁÎÒ»ÌÅÑÁ ŽÍÁÉ ÔÑÍ ÒΠоÑÔÎ Î× ÁÐÁĽÄÅÉ ¼ ÅÒÁÂÉÂØÅÉ
¼ÒÁÍ ÐÈÒÅÊÎ×ÑÉÎÄÎÒÈ»ÍÎ Á¾ ÒÎÍ ÉÄÉÎËÒ¼ÒÈ
........................................143
2.5.6. Ö»ÑÈ ÅÒÁÊÀ ÐÓÐÎ× 30(1) ËÁÉ ÐÓÐÎ× 30(2)
............................................143
2.5.7. £ÁÍÁÏÌÈÑÈ Á¾ Á̼ÐÔÒÎ ÔÌÈÒ¼ Î ÎνÎÕ ÁÐÁ»ÍÅÉ ËÒÎÖÎÕ
ÒÔÍ ÁÇÁÓÏÍ
.................................................................................................144
2.6. ÏÌÈÑÈ Á¾ Ñ×ÍÉÄÉÎËÒ¼ÒÈ
.............................................................................145
2.7. ÏÌÈÑÈ ÑÅ ÁÍÎÉËÒ¼ ÁÇÎÐ (Market Overt)
..................................................145
2.7.1. ±É ÁÎÒÅÌŽ ÁÍÎÉËÒ¼ ÁÇÎÐ............................................................................146
2.7.2. ±Ð¾ÎÕ Î× Ð»ÅÉ ÍÁ ǽÍÅÒÁÉ È ÏÌÈÑÈ
.....................................................147
2.8. §ÏÌ×Á ̾ÇÔ ÄÅÄÉËÁÑ»ÍÎ×
.........................................................................148
2.9. ´ÌÌÅÕ ÅÊÁÉлÑÅÉÕ
................................................................................................149
2.9.1. £ÊÁÉлÑÅÉÕ Å ÂÑÈ ÒÎÍ Åн Ñ×ÂÑÅÔÍ ®¾Î ........................................ 149
¡. ÁÐÁËÁÒÁÓ¼ËÈ.................................................................................................... 150
¢. ¡ÇÁÓÎ× ÁÔÌ»ÑÓÈËÁÍ.................................................................................... 150
. £ÍÅÖ×нÁÑÈ .......................................................................................................... 150
2.9.2. ¾ÌÉÁ ÅÒÁ½ÂÁÑÈ.................................................................................... 151
2.9.3. ÉÁÖÅÉнÑÅÉÕ ËÌÈÐÎÍÎÉÏÍ, ÄÉÁÖÅÉнÑÅÉÕ ÅÒÁÉÐÅÉÏÍ, ÅËËÁÓÁнÑÅÉÕ
ËÁÉ ÒÔÖÅÀÑÅÉÕ ....................................................................................... 154
¡. ¯ Åн ÄÉÁÖŽÐÉÑÈÕ ËÌÈÐÎÍÎÉÏÍ ÁÎÓÁ;ÍÒÔÍ ®¾ÎÕ (§ÅÆ. 189) ..................... 154
¢. ¯ Åн ÅÒÁÉÐÅÉÏÍ ®¾ÎÕ (§ÅÆ. 113) ..................................................................... 155
. ¯ Åн ÒÏÖÅ×ÑÈÕ ®¾ÎÕ (§ÅÆ. 5) ....................................................................... 155
2.9.4. ¾ÌÉÁ ÐÎÒ½ÈÑÈ ..................................................................................... 156
2.9.5. £½ÑÖÅÑÈ ÁÇÁÓÏÍ..................................................................................... 156
2.9.6. £ËÒ»ÌÅÑÈ ÁÎÆÑÅÔÍ .............................................................................. 157
¡. µÍÒÁÌÁ ËÉÍÈÒ¼Õ ÅÐÉÎ×ѽÁÕ ................................................................................ 157
¢. £ËÒ»ÌÅÑÈ ÁÎÆÑÅÔÍ ÑÅ ÑÖ»ÑÈ Å ÅÒÁÉÐŽÅÕ ×¾ ÅËËÁÓÐÉÑÈ ¼ ÒÔÖÅÀÑÁÍÒÅÕ.... 160
. §ÁÒÑÖÅÑÈ ÉÄÉÎËÒÈѽÁÕ ÑÒÁ Ö»ÐÉÁ ÒнÒÎ×.............................................................. 161