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The System Open Market Account (SOMA) is one of the monetary policy tools used by the United States' Federal Reserve System that contains assets acquired by open market operations (OMOs).〔(【引用サイトリンク】url=http://www.ny.frb.org/markets/soma/sysopen_accholdings.html )〕 It is managed by the Federal Reserve Bank of New York, which the Federal Open Market Committee (FOMC) designated to execute OMOs on behalf of the entire Federal Reserve System. ==Purpose== SOMA's primary purpose is to assist the New York Fed in carrying out open market operations (OMOs) and foreign exchange interventions (the U.S. Treasury, in consultation with the Federal Reserve System, is responsible for setting U.S. exchange rate policy). The U.S. monetary authorities—the Treasury and the Fed—may intervene in the foreign exchange market to counter disorderly market conditions, using funds that belong to the Federal Reserve and to the Exchange Stabilization Fund (ESF) of the Treasury Department. Since the onset of the financial crisis, the FOMC has "increased the size and adjusted the composition of the SOMA portfolio in efforts to promote the Committee’s mandate to foster maximum employment and price stability". SOMA securities serve three purposes:〔 *Collateral for U.S. currency in circulation and other reserve factors that show up as liabilities on the Fed's balance sheet *A tool for the Fed’s management of reserve balances *A store of liquidity in case of emergency 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「System Open Market Account」の詳細全文を読む スポンサード リンク
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