COVID-19 Crisis (2020 - 2021)
Documents from 2020
FAQs: Primary Market Corporate Credit Facility and Secondary Market Corporate Credit Facility, Effective August 14, 2020., Federal Reserve System: Federal Reserve Bank of New York
FAQs: Primary Market Corporate Credit Facility and Secondary Market Corporate Credit Facility, Effective December 4, 2020, Federal Reserve System: Federal Reserve Bank of New York
FAQs: Primary Market Corporate Credit Facility and Secondary Market Corporate Credit Facility, Effective July 23, 2020., Federal Reserve System: Federal Reserve Bank of New York
FAQs: Primary Market Corporate Credit Facility and Secondary Market Corporate Credit Facility, Effective June 15, 2020, Federal Reserve System: Federal Reserve Bank of New York
FAQs: Primary Market Corporate Credit Facility and Secondary Market Corporate Credit Facility, Effective June 29, 2020., Federal Reserve System: Federal Reserve Bank of New York
FAQs: Primary Market Corporate Credit Facility and Secondary Market Corporate Credit Facility, Effective May 26, 2020., Federal Reserve System: Federal Reserve Bank of New York
FAQs: Primary Market Corporate Credit Facility and Secondary Market Corporate Credit Facility, Effective May 4, 2020., Federal Reserve System: Federal Reserve Bank of New York
FAQs: Term Asset-Backed Securities Loan Facility, Federal Reserve System: Federal Reserve Bank of New York
Federal Reserve Board announces an extension through December 31 of its lending facilities that were scheduled to expire on or around September 30, Federal Reserve System: Federal Reserve Bank of New York
Municipal Liquidity Facility, Federal Reserve System: Federal Reserve Bank of New York
Municipal Liquidity Facility Eligible Issuers, Federal Reserve System: Federal Reserve Bank of New York
Municipal Liquidity Facility Form Documents and Certifications, Federal Reserve System: Federal Reserve Bank of New York
New York Fed Announces the First Wave of Firms Selected To Broaden its Counterparty Base for CPFF and SMCCF, Federal Reserve System: Federal Reserve Bank of New York
New York Fed Announces the Start of Secondary Market Corporate Credit Facility Corporate Bond Sales on July 12, Federal Reserve System: Federal Reserve Bank of New York
New York Fed Selects Additional Firms to Broaden its Counterparty Base for CPFF and SMCCF, Federal Reserve System: Federal Reserve Bank of New York
Primary Dealer Credit Facility: Collateral Schedule, Federal Reserve System: Federal Reserve Bank of New York
Primary Market Corporate Credit Facility: Program Terms and Conditions, Effective April 9, 2020., Federal Reserve System: Federal Reserve Bank of New York
Primary Market Corporate Credit Facility: Program Terms and Conditions, Effective July 28, 2020., Federal Reserve System: Federal Reserve Bank of New York
Primary Market Corporate Credit Facility: Program Terms and Conditions, Effective June 29, 2020., Federal Reserve System: Federal Reserve Bank of New York
Primary Market Corporate Credit Facility: Program Terms and Conditions, Effective March 23, 2020., Federal Reserve System: Federal Reserve Bank of New York
Report on Outstanding Lending Facilities Authorized by the Board under Section 13(3) of the Federal Reserve Act, Federal Reserve System: Federal Reserve Bank of New York
Report to Congress Pursuant to Section 13(3) of the Federal Reserve Act: Term Asset-Backed Securities Loan Facility, Federal Reserve System: Federal Reserve Bank of New York
Security Agreement between CP Funding Facility II LLC and Federal Reserve Bank of New York, Federal Reserve System: Federal Reserve Bank of New York
Statement Regarding Treasury Reserve Management Purchases and Repurchase Operations, Federal Reserve System: Federal Reserve Bank of New York
TALF II Master Security and Loan Agreement, Federal Reserve System: Federal Reserve Bank of New York
Term Asset-Backed Securities Loan Facility, Federal Reserve System: Federal Reserve Bank of New York
Term Asset-Backed Securities Loan Facility Rates, Federal Reserve System: Federal Reserve Bank of New York
Term Asset-Backed Securities Loan Facility: TALF Agents, Federal Reserve System: Federal Reserve Bank of New York
Term Asset-Backed Securities Loan Facility: TALF Agents (Additions and Removals), Federal Reserve System: Federal Reserve Bank of New York
Term Asset-Backed Securities Loan Facility Term Sheet (Effective May 12, 2020), Federal Reserve System: Federal Reserve Bank of New York
Fed Creates Dollar Repo Facility for Central Banks, Extending Liquidity to Central Banks that Don’t Have Fed Swap Lines, Greg Feldberg
Fixing Financial Data to Assess Systemic Risk, Greg Feldberg
No bank should be paying dividends right now, Greg Feldberg
Authorities Restrict Short Sales during COVID-19 Crisis, Greg Feldberg and Adam Kulam
COVID-19 and Insurance (1 of 3): Helping Individuals and Businesses, Greg Feldberg and Alexander Nye
COVID-19 and Insurance (2 of 3): Operational Regulatory Relief, Greg Feldberg and Alexander Nye
COVID-19 and Insurance (3 of 3): Capital Conservation and Countercyclical Regulation, Greg Feldberg and Alexander Nye
Countries Implement Broad Forbearance Programs for Small Businesses, Sometimes with Taxpayer Support, Greg Feldberg, Alexander Nye, and Kaleb Nygaard
Lender beware: Emergency relief efforts are inherently risky, Greg Feldberg and Sabeth Siddique
Mortgages and Coronavirus: Additional Guidance for Firms, Financial Conduct Authority (FCA)
Mortgages and coronavirus: our guidance for firms, Financial Conduct Authority (FCA)
Mortgages and coronavirus: updated guidance for firms, Financial Conduct Authority (FCA)
Temporary Prohibition of Short Selling, Financial Conduct Authority (FCA)
Temporary Prohibition of Short Selling - 17 March, Financial Conduct Authority (FCA)
COVID-19 Pandemic: Financial Stability Impact and Policy Responses, Financial Stability Board (FSB)
Holistic Review of the March Market Turmoil, Financial Stability Board (FSB)
FI lowers the countercyclical capital buffer to zero, Finansinspektionen
Stability in the Financial System 2020.1, Finansinspektionen
Central Bank CP Backstops Vital But May Not Fully Restore Liquidity, Fitch Ratings
Treasury Market Liquidity during the COVID-19 Crisis, Michael Fleming and Francisco Ruela
COVID-19 and bond market liquidity: alert, isolation and recovery, Jean-Sèbastien Fontaine, Hayden Ford, and Adrian Walton
The AMF Announces a Short Selling Ban for One Month, France: Autoritè des marchès financiers (AMF)
Two-tier credit developments during the coronavirus pandemic, Erik Frohm, Johan Grip, Daniel Hansson, and Stephan Wollert
Centers for Disease Control and Prevention Halt Evictions for the Rest of 2020, Sean Fulmer
Congressional Oversight Commission Scrutinizes National Security Loans, Sean Fulmer
Congress Passes Additional $908 Billion Stimulus Bill, Sean Fulmer
Disagreements over the Municipal Liquidity Facility Erupt, Sean Fulmer
HFA Announces Several Changes to Residential Mortgage Market Relief Programs, Sean Fulmer
USDA Announces $14 Billion in Aid to Farmers, Sean Fulmer
Rewritten HEROES Act lops $800 million off first proposal, but unlikely to proceed, Sean Fulmer and Corey Runkel
Annual Report - 2020, Fundo Garantidor de Crèditos
IMF Adds Liquidity Line to Strengthen COVID-19 Response, Kristalina Georgieva
IMF Executive Board Approves Two-Year US$23.93 Billion Flexible Credit Line Arrangement for Chile, Kristalina Georgieva
An Update on Forbearance Trends, Kristopher S. Gerardi, Paul Willen, Carl Hudson, and Lara Loewenstein
U.S. 'AAAm' Fund Risk Metrics (March 2020), Joseph Giarratano and Marissa Zuccaro
The Fed Takes on Corporate Credit Risk: An Analysis of the Efficacy of the SMCCF, Simon Gilchrist, Bin Wei, Vivian Yue, and Egon Zkarajsek
Sunak to Launch Massive Rescue Package for Stricken UK Companies, Chris Giles, George Parker, and Sebastian Payne
Monetary Policy Tools in the COVID-19 Crisis, Chris Giles and Paul Tucker
Muni Bonds Plummet as Few Markets Are Immune From Selloff, Heather Gillers
Some Muni Bonds Are Left Behind in Rush to Safer Investments, Heather Gillers
SEC Staff Provides No-Action Relief to Temporarily Extend Benefits of Rule 17a-9 Under the 1940 Act to Additional Affiliates and Funds, Elliot J. Gluck and Neesa P. Snood
Dealer Inventory Constraints during the COVID-19 Pandemic: Evidence from the Treasury Market and Broader Implications, Jonathan E. Goldberg
Bank of Canada scales back provincial bond-buying program, Julie Gordon
Annual Report 2019-2020, Government of Japan: Deposit Insurance Corporation
Economic progress report: keeping markets working, Toni Gravelle
HCMC Announcement Restricting Short Sales, Greece: Hellenic Capital Market Commission (HCMC)
Questions and Answers (Q&As) related to HCMC's Decision of 17.3.2020 on short selling ban, Greece: Hellenic Capital Market Commission (HCMC)
Legal, Compliant and Suitable: The ECB's Pandemic Emergency Purchase Programme (PEPP), Sebastian Grund
Fed, facing pressure, commits to disclose monthly who's getting bailouts, Victoria Guida
The ECB's commercial paper purchases: A targeted response to the economic disturbances caused by COVID-19, Luis de Guindos and Isabel Schnabel
When Selling Becomes Viral: Disruptions in Debt Markets in the COVID-19 Crisis and the Fed's Response, Valentin Haddad, Alan Moreira, and Tyler Muir
Backstopping Provincial Debt: How the Bank of Canada Made its Move, Kyle Hanniman
COVID-19, Fiscal Federalism and Provincial Debt: Have We Reached a Critical Juncture?, Kyle Hanniman
U.S. Income Tax Delay to Strain States, David Harrison and Heather Gillers
Helping State and Local Governments Stay Liquid, Andrew Haughwout, Benjamin J. Hyman, and Matthew Lieber
Seven Moments in Spring: Covid-19, Financial Markets and the Bank of England's Balance Sheet Operations, Andrew Hauser
Bank of Canada starts quantitative easing with $1 billion bond purchase, Erik Hertzberg and Esteban Duarte
Treasury Inconvenience Yields during the COVID-19 Crisis, Zhiguo He, Stefan Nagel, and Zhaogang Song
People's Bank of China and Hong Kong Monetary Authority renewed Currency Swap Agreement (11/25/2020), Hong Kong Monetary Authority
US Dollar Liquidity Facility, Hong Kong Monetary Authority
US Dollar Liquidity Facility - Summary of Terms, Hong Kong Monetary Authority
US Dollar Liquidity Facility Tender Result, Hong Kong Monetary Authority
Argentina’s Path to Debt Relief from Private Creditors, Manuel Leon Hoyos
Bank of England activates the Contingent Term Repo Facility, Manuel Leon Hoyos
Bank of Japan Increases Liquidity Measures, Manuel Leon Hoyos
Brazil’s central bank injects liquidity in financial markets, Manuel Leon Hoyos
Brazil’s central bank injects liquidity in financial markets, Manuel Leon Hoyos
Chile’s Central Bank Injects Liquidity in Financial Markets, Manuel Leon Hoyos
Federal Reserve Expands Support to Corporate Bond Markets, Manuel Leon Hoyos
Federal Reserve Expands Support to Corporate Bond Markets Again, Manuel Leon Hoyos