In order to ensure rapid response to the volume of money supply
 in the economy of the central bank should use a wide range of
 various instruments.  Therefore, from a practical point of view an important
 importance is a key distinction between open market operations
 and permanent refinancing mechanisms that are part of management
 liquidity by the central bank under normal conditions, and
 stabilization loan that can be granted in exceptional circumstances
 systemically important, viable, solvent banks that require
 additional liquidity (or capital) and the intrusion of supervision
 purpose of restructuring.  This distinction is not associated with
 some special conditions of formation of the money supply, their size,
 maturity of loans, etc., but only with the status of bank-borrower
 caught in some circumstances result of exogenous factors.