Broad-Based Emergency Liquidity
Documents from 2014
Annual Report 2013, Norway: Norges Bank
UPDATED: Swap Arrangement Charts, Norway: Norges Bank
Liquidity in covered bond markets, Lars Kristian Oddenes and Chris Fasseland
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
The liquidity management of the ECB, Anders Svendsen and Alexander Wojt
The Lender of Last Resort and Modern Central Banking: Principles and Reconstruction, Paul Tucker
Documents from 2013
How Do Global Banks Scramble for Liquidity? Evidence from the Asset-Backed Commercial Paper Freeze of 2007, Viral V. Acharya, Gara Afonso, and Anna Kovner
State Aid SA.36087 (2013/N) – Hungary - Sixth Prolongation of the Liquidity scheme for banks, Joaquin Almunia
Auctions Implemented by the Federal Reserve Bank of New York during the Great Recession, Olivier Armantier and John Sporn
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
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
Liquidity insurance at the Bank of England: developments in the Sterling Monetary Framework, Bank of England/Central Bank of the United Kingdom
ELA procedures, European Central Bank (ECB)
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
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
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
Four Stories of Quantitative Easing, Christopher J. Neely and Brett W. Fawley
Annual Report 2012, Norway: Norges Bank
Financial Stability Report 2013, Norway: Norges Bank
The Last Crisis Before the Fed, Tim Sablik
How ECB's Emergency Liquidity Assistance works, Sakari Suoninen and Marc Jones
Close but not a central bank: The New York Clearing House and issues of clearing house loan certificates, Ellis Tallman and Jon Moen
Submissions from 2012
The Fed's Emergency Liquidity Facilities during the Financial Crisis: The CPFF, Tobias Adrian and Ernst Schaumburg
Bank of England Asset Purchase Facility Fund Limited (BEAPFF), Grahame Allen
State Aid SA.35144 (2012/N) Extension of the Hungarian bank support scheme, Joaquin Almunia
The Federal Reserve as Last Resort, Colleen Baker
Asset Purchase Facility Corporate Bond Secondary Market Scheme, Bank of England/Central Bank of the United Kingdom
Auctions to be held under the Extended Collateral Term Repo Facility, Bank of England/Central Bank of the United Kingdom
Sterling Monetary Framework: Extended Collateral Term Repo Facility, Bank of England/Central Bank of the United Kingdom
Minutes of the Monetary Policy Committee Meeting 4 and 5 July 2012, Bank of England/Central Bank of the United Kingdom: Monetary Policy Committee
An Empirical Analysis of the Fed's Term Auction Facility, Efraim Benmelech
Bagehot for beginners: the making of lender-of-last-resort operations in the mid-nineteenth century, Vincent Bignon, Marc Flandreau, and Stefano Ugolini
Turning Bagehot on His Head: Lending at Penalty Rates When Banks Can Become Insolvent, Fabio Castiglionesi and Wolf Wagner
The Funding for Lending Scheme, Rohan Churm, Amar Radia, Jeremy Leake, Sylaja Srinivasan, and Richard Whisker
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)
Liquidity support from the Bank of England: the Discount Window Facility, Paul Fisher
United Kingdom: 2012 Article IV Consultation, International Monetary Fund (IMF)
Panics, payments disruptions and the Bank of England before 1826, John A. James
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)
The Big Banks' Big Secret, David MacDonald
Annual Report 2011, Norway: Norges Bank
Review of the Bank of England's Provision of Emergency liquidity Assistance in 2008-09, Ian Plenderleith
Liquidity creation without a central bank: Clearing house loan certificates in the banking panic of 1907, Ellis Tallman and Jon Moen
Documents from 2011
The demise of the halcyon days in Hungary: "foreign" and "local" banks - before and after the crisis, d¡m Banai, Jºlia Kir¡ly, and M¡rton Nagy
Bank of Canada Financial Statements (Year Ended December 31, 2010), Bank of Canada/Central Bank of Canada/La Banque du Canada
Introduction of the Extended Collateral Term Repo Facility, Bank of England/Central Bank of the United Kingdom
Sterling Monetary Framework: Extended Collateral Term Repo Facility, Bank of England/Central Bank of the United Kingdom
The Bank of Korea's policy response to the global financial crisis, Hee Chun Chung
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)
Pricing central bank liquidity through product-mix auctions – the first anniversary of the Bank of England's indexed long-term repo operations, Paul Fisher, Tarkus Frost, and Olaf Weeken
The ECB's monetary policy during the crisis, Josè Manuel Gonz¡lez-P¡ramo
The United Kingdom's quantitative easing policy: design, operation and impact, Michael Joyce, Robert Woods, and Matthew Tong
On the ECB's ‘most significant non-standard measure', Izabella Kaminska
Financial assistance for Hungarian crisis management – a case study, d¡m Kerènyi
Lessons from the Use of Extraordinary Central Bank Liquidity Facilities, Stephane Lavoie, Alex Sebastian, and Virginie Traclet
The Federal Reserve Commercial Paper Funding Facility, Dina Marchioni, Karin Kimbrough, and Tobias Adrian
Better equipped for financial crises - The Financial Crisis Committee's Report, Norway: Ministry of Finance
Annual Report 2010, Norway: Norges Bank
From Gramm-Leach-Bliley to Dodd-Frank: The Unfulfilled Promise of Section 23A of the Federal Reserve Act Adaptation and Resiliency in Legal Systems, Saule T. Omarova
Law CXCIV of 2011 (Act on the Economic Stability of Hungary), Orsz¡ggyűlès (National Assembly of Hungary)
Going public: UK companies' use of capital markets, Aashish Pattani, Giuseppe Vera, and James Wackett
Federal Reserve System: Opportunities Exist to Strengthen Policies and Processes for Managing Emergency Assistance, United States: Government Accountability Office (GAO)
Documents from 2010
Central bank co-operation and international liquidity in the financial crisis of 2008-9, William A. Allen and Richhild Moessner
ECB avoids disruption as banks repay funds, Ralph Atkins
Norwegian covered bonds – a rapidly growing market, Bj¸rn Bakke, Ketil Rakkestad, and Geir Arne
Bank of Canada Annual Report 2009, Bank of Canada/Central Bank of Canada/La Banque du Canada
Asset Purchase Facility, Bank of England/Central Bank of the United Kingdom
Bank of England Consolidated Market Notice: Discount Window Facility (03/29/2010), Bank of England/Central Bank of the United Kingdom
Bank of England Market Notice: Indexed Long-Term Repo Operations; US Dollar Repo Operations, Bank of England/Central Bank of the United Kingdom
Bank of England Position-Paper: Proposed Framework for Permanent Long-Term Repo Operations, Bank of England/Central Bank of the United Kingdom
Long-Term Repo OMOs by operation, Bank of England/Central Bank of the United Kingdom
Market Notice - Expanding Eligible Collateral in the Discount Window Facility (11/30/2010), Bank of England/Central Bank of the United Kingdom
Market Notice - Expanding Eligible Collateral in the Discount Window Facility and Information Transparency for Asset-Backed Securities (07/19/2010), Bank of England/Central Bank of the United Kingdom
Greece Takes Its Bailout, but Doubts for the Region Persist, Dan Bilefsky and Landon Thomas, Jr
The ECB's Use of Term Refinancing Operations, David Bowman
Collateral risk management at the Bank of England, Sarah Breeden and Richard Whisker
Spencer Dale: QE – one year on, Spencer Dale
Unusual and Exigent: My First Year at the Fed, Elizabeth A. Duke
An Assessment of the Bank of Canada's Term PRA Facility, Emanuella Enenajor, Alex Sebastian, and Jonathan Witmer
ECB announces details of refinancing operations with settlement up to 12 October 2010, European Central Bank (ECB)
ECB Annual Report 2009, European Central Bank (ECB)
ECB decides on measures to address severe tensions in financial markets, European Central Bank (ECB)
The ECB's Response to the Financial Crisis, European Central Bank (ECB)
Regulatory Reform: Term Auction Facility (TAF), Federal Reserve System
TERM AUCTION FACILITY DATA DEFINITIONS, Federal Reserve System
Central bank liquidity swap data, Federal Reserve System: Board of Governors
FOMC Statement January 27, 2010, Federal Reserve System: Board of Governors: Federal Open Market Committee (FOMC)
TAF operations data, Federal Reserve System: Board of Governors and Corey N. Runkel
Factors affecting Reserve Balances, Federal Reserve System: Federal Reserve Bank of St. Louis
European banks' US dollar funding pressures, Ingo Fender and Patrick McGuire
Bank of Canada liquidity facilities – past, present, and future, David Longworth
Annual Report 2009, Norway: Norges Bank
Financial Stability 1/10, Norway: Norges Bank
Financial Globalization and the Russian Crisis of 1998, Brian Pinto and Sergei Ulatov
The Bank of Canada's Extraordinary Liquidity Policies and Moral Hazard, Jack Selody and Carolyn Wilkins