If Funds in the Overnight Loans Market Are Trading Above

If funds in the overnight loans market are trading above the overnight rate target, then the Bank of Canada will _______ to _______and ________the overnight market rate. Conversely, if overnight funds are trading below the overnight target rate, then the Bank will _______to _______ and _________the overnight interest rate.

A) make an SRA, reduce monetary base, raise; make an SPRA, increase monetary base, lower
B) make an SPRA, increase monetary base, lower; make an SRA, reduce monetary base, raise
C) sell bonds on the open market, reduce monetary base, lower; buy bonds on the open market, increase monetary base, raise
D) buy bonds on the open market, reduce monetary base, lower; sell bonds on the open market, increase monetary base, raise