Broad-Based Emergency Liquidity
Documents from 2017
The First Modern Bailout: The Barings Crisis of 1890 and the Bank of England, Asha Banerjee
The FPC and the Bank's Liquidity Insurance Operations, Bank of England: Financial Policy Committee
The Increased Role of the Federal Home Loan Bank System in Funding Markets, Part 1: Background, Borghan Narajabad and Stefan Gissler
The Increased Role of the Federal Home Loan Bank System in Funding Markets, Part 2: Recent Trends and Potential Drivers, Borghan Narajabad and Stefan Gissler
The Increased Role of the Federal Home Loan Bank System in Funding Markets, Part 2: Recent Trends and Potential Drivers Accessible Data, Borghan Narajabad and Stefan Gissler
The Increased Role of the Federal Home Loan Bank System in Funding Markets, Part 3: Implications for Financial Stability, Borghan Narajabad and Stefan Gissler
Documents from 2016
Additional Indexed Long-Term Repo operations, Bank of England/Central Bank of the United Kingdom
Clearinghouse loan certificates as interbank loans in the United States, 1860– 1913, Christopher Hoag
Crisis Chronicles: The Long Depression and the Panic of 1873, Thomas Klitgaard and James Narron
Decision (EU) 2016/1041 of the European Central Bank of 22 June 2016 on the eligibility of marketable debt instruments issued or fully guaranteed by the Hellenic Republic and repealing Decision (EU) 2015/300, European Central Bank (ECB)
ECB Unconventional Monetary Policy: Market Impact and International Spillovers, Marcel Fratzscher, Marco lo Duca, and Roland Straub
Fluid Dynamics: Emergency Liquidity Assistance during the Eurocrisis, Nicholas Anthony Lee
How Did Pre-Fed Banking Panics End?, Gary B. Gorton and Ellis Tallman
International Aspects of Central Banking: Diplomacy and Coordination, Robert B. Kahn and Ellen E. Meade
Large Value Transfer System, Bank of Canada/Central Bank of Canada/La Banque du Canada
Looking for Liquidity– Banking and Emergency Liquidity Facilities, Jeremy Kronick
Market operations and liquidity Provision at the Bank of Canada, Mark de Guzman
Political foundations of the lender of last resort: A global historical narrative, Charles W. Calomiris, Marc Flandreau, and Luc Laeven
Record of Financial Policy Committee Meeting held on 23 March 2016, Bank of England: Financial Policy Committee
Stopping contagion with bailouts: Micro-evidence from Pennsylvania bank networks during the panic of 1884, Haelim Anderson and John Bluedorn
Stopping Contagion with Bailouts: Microevidence from Pennsylvania Bank Networks During the Panic of 1884, John Bluedorn and Haelim Park
Summary of collateral eligible for the Bank's operations, Bank of England/Central Bank of the United Kingdom
The demise of Overend Gurney, Rhiannon Sowerbutts, Marco Schneebalg, and Florence Hubert
The ECB and its role as lender of last resort during the crisis, Peter Praet
The Lender of Last Resort Function after the Global Financial Crisis, Marc Dobler, Diarmuid Murphy, and Bozena Radzewicz-Bak
Documents from 2015
Annual Report 2014, Norway: Norges Bank
Changes to the Federal Home Loan Bank System since the Great Recession, John Simone
Crisis Chronicles: The Panic of 1825 and the Most Fantastic Financial Swindle of All Time, James Narron and Donald Morgan
Decision (EU) 2015/300 of the European Central Bank of 10 February 2015 on the eligibility of marketable debt instruments issued or fully guaranteed by the Hellenic Republic, European Central Bank (ECB)
ELA-ceiling for Greek banks, Bank of Greece/Central Bank of Greece
FIDF set to clear debt ahead of schedule, Pathom Sangwongwanich
Grexit: The staggering cost of central bank dependence, Charles Wyplosz
Innovations in the Bank's provision of liquidity insurance via Indexed Long-Term Repo (ILTR) operations, Tarkus Frost, Nick Govier, and Tom Horn
Liquidity Provision During the Crisis of 1914: Private and Public Sources, Ellis Tallman and Margaret Jacobson
Multiple Paths to Institutional-Based Trust Production and Repair: Lessons from the Russian Bank Deposit Market, Andrew Spicer and Ilya Okhmatovskiy
The Bank of England Act 1998, the Charters of the Bank and related documents, Bank of England/Central Bank of the United Kingdom
The Discount Window, Federal Reserve System: Federal Reserve Bank of New York
Documents from 2014
Annual Report 2013, Norway: Norges Bank
Commission Decision of 29.04.2014, European Union: European Commission
Federal Register, Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, United States: Department of the Treasury: Office of the Comptroller of the Currency (OCC)
FHLB Merger Promotes Scale, Michael Muckian
Guidelines on the disclosure of encumbered and unencumbered assets, European Banking Authority (EBA)
Indexed Long-Term Repo operations and Contingent Term Repo Facility, Bank of England/Central Bank of the United Kingdom
Lender of last resort operations during the financial crisis: seven practical lessons from the United Kingdom, Andrew Hauser
Liquidity in covered bond markets, Lars Kristian Oddenes and Chris Fasseland
Record of the Financial Policy Committee Meeting 26 September 2014, Bank of England: Financial Policy Committee
Rethinking the lender of last resort: workshop summary, Dietrich Domanski and Vladyslav Sushko
Rules for a lender of last resort: An historical perspective, Michael Bordo
Shadow Banking: Why Modern Money Markets are Less Stable Than 19th c. Money Markets But Shouldn't Be Stabilized by a “Dealer of Last Resort”, Carolyn Sissoko
Summary of haircuts for securities eligible for the Bank's lending operations, Bank of England/Central Bank of the United Kingdom
The Crisis of 1866, Marc Flandreau and Stefano Ugolini
The Lender of Last Resort and Modern Central Banking: Principles and Reconstruction, Paul Tucker
The liquidity management of the ECB, Anders Svendsen and Alexander Wojt
The Network Topology of the Hungarian Short-Term Foreign Exchange Swap Market, d¡m Banai, Andr¡s Kollarik, and Andr¡s Szabó-Solticzky
UPDATED: Swap Arrangement Charts, Norway: Norges Bank
Documents from 2013
Annual Report 2012, Norway: Norges Bank
Auction-level data regarding the Term PRA Facility for Private Sector Instruments, Bank of Canada/Central Bank of Canada/La Banque du Canada
Bank of Canada Liquidity Facilities, Bank of Canada/Central Bank of Canada/La Banque du Canada
Close but not a central bank: The New York Clearing House and issues of clearing house loan certificates, Ellis Tallman and Jon Moen
Communication from the Commission on the application, from 1 August 2013, of State aid rules to support measures in favour of banks in the context of the financial crisis, European Union: European Commission
ELA procedures, European Central Bank (ECB)
Emergency Banking Act of 1933, Stephen Greene
Financial Stability Report 2013, Norway: Norges Bank
How ECB's Emergency Liquidity Assistance works, Sakari Suoninen and Marc Jones
Hungary fulfilled its prepayment obligation to the International Monetary Fund before deadline, Hungarian Ministry for National Economy
IMF loan to Hungary fully repaid, Hungarian Ministry for National Economy
International cooperation and central banks, Harold James
Liquidity insurance at the Bank of England: developments in the Sterling Monetary Framework, Bank of England/Central Bank of the United Kingdom
Reconstruction Finance Corporation Act, Michael Gou, Gary Richardson, Alejandro Komai, and Daniel Park
State Aid SA.36087 (2013/N) – Hungary - Sixth Prolongation of the Liquidity scheme for banks, Joaquin Almunia
Term Loan Facility Transactions, Bank of Canada/Central Bank of Canada/La Banque du Canada
Term PRA Transactions, Bank of Canada/Central Bank of Canada/La Banque du Canada
The Last Crisis Before the Fed, Tim Sablik
Where It All Began: Lending of Last Resort at the Bank of England Monitoring During the Overend-Gurney Panic of 1866, Marc Flandreau and Stefano Ugolini
Documents from 2012
Annual Report 2011, Norway: Norges Bank
Auctions to be held under the Extended Collateral Term Repo Facility, Bank of England/Central Bank of the United Kingdom
Bagehot for beginners: the making of lender-of-last-resort operations in the mid-nineteenth century, Vincent Bignon, Marc Flandreau, and Stefano Ugolini
Decision 2012/133 of the European Central Bank of 27 February 2012 repealing Decision ECB/2010/3 on temporary measures relating to the eligibility of marketable debt instruments issued or guaranteed by the Greek Government, European Central Bank (ECB)
Decision of the European Central Bank of 18 July 2012 repealing Decision ECB/2012/3 on the eligibility of marketable debt instruments issued or fully guaranteed by the Hellenic Republic in the context of the Hellenic Republic's debt exchange offer, European Central Bank (ECB)
Decision of the European Central Bank of 19 December 2012 on temporary measures relating to the eligibility of marketable debt instruments issued or fully guaranteed by the Hellenic Republic, European Central Bank (ECB)
Federal Home Loan Bank Advances and Commercial Bank Portfolio Composition, W. Scott Frame, Diana Hancock, and Wayne Passmore
Improving the debt management of loan made by the Ministry of Finance to assist the Financial Institutions Development Fund, King Bhumibhol Adulyadej of Thailand and Thai Public Debt Management Office (PDMO)
Liquidity creation without a central bank: Clearing house loan certificates in the banking panic of 1907, Ellis Tallman and Jon Moen
Liquidity support from the Bank of England: the Discount Window Facility, Paul Fisher
Minutes of the Monetary Policy Committee Meeting 4 and 5 July 2012, Bank of England/Central Bank of the United Kingdom: Monetary Policy Committee
On a guarantee scheme for the liabilities of Italian banks and on the exchange of lira banknotes, European Central Bank (ECB)
Panics, payments disruptions and the Bank of England before 1826, John A. James
State Aid SA.32994 (2011/N) Extension of the Hungarian bank support scheme, Joaquin Almunia
State Aid SA.34078 (2011/N) Extension of the Hungarian bank support scheme, Joaquin Almunia
State Aid SA.35144 (2012/N) Extension of the Hungarian bank support scheme, Joaquin Almunia
Sterling Monetary Framework: Extended Collateral Term Repo Facility, Bank of England/Central Bank of the United Kingdom
The Big Banks' Big Secret, David MacDonald
The Federal Reserve as Last Resort, Colleen Baker
The Funding for Lending Scheme, Rohan Churm, Amar Radia, Jeremy Leake, Sylaja Srinivasan, and Richard Whisker
United Kingdom: 2012 Article IV Consultation, International Monetary Fund (IMF)
Documents from 2011
Annual Report 2010, Norway: Norges Bank
Bank of Canada Financial Statements (Year Ended December 31, 2010), Bank of Canada/Central Bank of Canada/La Banque du Canada
Better equipped for financial crises - The Financial Crisis Committee's Report, Norway: Ministry of Finance
Communication from the Commission on the application, from 1 January 2012, of State aid rules to support measures in favour of banks in the context of the financial crisis, European Central Bank (ECB)
Federal Reserve System: Opportunities Exist to Strengthen Policies and Processes for Managing Emergency Assistance, United States: Government Accountability Office (GAO)