The system of monetary policy instruments carried by the NBK

Purpose	Type of Instrument	Instrument	Collateral	Frequency	Provision / withdrawal duration
liquidity provision	standing facilities	KASE currency swap	USD	upon request from commercial banks	1 day
	standing facilities	KASE Reverse Repo	government bonds	upon request from commercial banks	1 day
	open market operations	NBK auction for the purchase of securities with the reverse sale	Lombard List	as needed	7 days
liquidity withdrawal		NBK Notes Auction	-	in accordance with the schedule of issuance of notes	28 days
		NBK Deposit Auction	-	daily	7 days
	standing facilities	NBK Deposits	no collateral	upon request from commercial banks	1 day