COVID-19 Crisis (2020 - 2021)
Documents from 2020
Report of the President's Working Group on Financial Markets: Overview of Recent Events and Potential Reform Options for Money Market Funds, United States: The White House: President's Working Group on Financial Markets' (PWG)
Barriers to Access Impede Utilization of Municipal Liquidity Facility, Vaasavi Unnava
Countries Propose Catastrophe Insurance Through Public-Private Partnerships, Vaasavi Unnava
European Stability Mechanism Establishes Pandemic Support Credit Lines, Vaasavi Unnava
Federal Reserve Expands Eligibility for Municipal Liquidity Facility, Vaasavi Unnava
FHFA Allows Federal Home Loan Banks to Take PPP Loans as Collateral, Vaasavi Unnava
FHFA Allows Payment Deferral for Forbearance Payments While Extending Foreclosure and Eviction Moratoria, Vaasavi Unnava
FHFA Relaxes Standards for GSE Mortgage Servicers, Vaasavi Unnava
Governments Extend Mortgage Forbearance and Other Relief as Virus Endures, Vaasavi Unnava
More Aid Offered To Airlines as Pandemic Continues to Depress Demand, Vaasavi Unnava
SIGTARP Proposes Using Leftover TARP Funds for COVID Relief, Vaasavi Unnava
Understanding Parametric Triggers in Catastrophe Insurance, Vaasavi Unnava
US Provides Aid to Airlines in Historic Relief Bill, Vaasavi Unnava
Aviation Interventions Continue Internationally, Vaasavi Unnava and Alex Nye
Federal Reserve Announces New Municipal Liquidity Facility, Vaasavi Unnava and Rosalind Z. Wiggins
Coronavirus Aid, Relief, and Economic Security Act (CARES Act), U.S. Congress
Public Law 116-136: The Coronavirus Aid, Relief, and Economic Security Act (The “CARES Act”), U.S. Congress
Liquidity Coverage Ratio Rule: Treatment of Certain Emergency Facilities, U. S. Department of the Treasury, Federal Reserve System, and United States: Federal Deposit Insurance Corporation (FDIC)
On the maintenance of stability of the financial system and economic security of the country, Vajiralongkorn
Letter from U.S. Department of the Treasury - Response to COC Questions for the Official Hearing Record, Frederick W. Vaughan
Overview of CDOR and the underlying bankers' acceptance market, Harri Vikstedt and Kaetlynd McRae
IMF Special Drawing Rights: A key tool for attacking a COVID-19 financial fallout in developing countries, Ulrich Volz, José Antonio Ocampo, and Kevin P. Gallagher
EU regulator urged to ban short selling, Alexander Weber and Silla Brush
CARES Act $454 billion Emergency Fund Could add up to Much More for Businesses, States and Municipalities, Rosalind Z. Wiggins
Communicating in a Crisis: Lessons Learned from the Last One, Rosalind Z. Wiggins
Fed introduces Money Market Mutual Fund Liquidity Facility, Rosalind Z. Wiggins
Fed Provides Liquidity Options to Cities and States, Rosalind Z. Wiggins
Fed Reintroduces Commercial Paper Funding Facility, Rosalind Z. Wiggins
The Commercial Paper Funding Funding Facility (U.S. GFC), Rosalind Z. Wiggins
Mnuchin Clarifies that Treasury is Prepared to Lose Money on Fed Programs, Rosalind Z. Wiggins and Greg Feldberg
Mnuchin Clarifies that Treasury is Prepared to Lose Money on Fed Programs, Rosalind Z. Wiggins and Greg Feldberg
Federal Reserve Programs Involve More Risk than in GFC, Rosalind Z. Wiggins, Greg Feldberg, and Pascal Ungersboeck
Central Banks Use Swap Lines to Maintain the Flow of US Dollar, Rosalind Z. Wiggins and Pascal Ungersboeck
Aid to Airlines and other Critical Industries During Crises, Rosalind Z. Wiggins and Vaasavi Unnava
Portugal Announces SME Debt Securitization Program, Wyatt Wolfram
Swedish corporate bonds during the coronavirus pandemic, Stephan Wollert
The World Federation of Exchanges' academic review of short-selling concludes that bans are disruptive to markets, World Federation of Exchanges
The World Federation of Exchanges warns against short-selling bans, World Federation of Exchanges
Joint Letter re Short-Selling Restrictions: WFE, MFA, AIMA, and FIA EPTA, World Federation of Exchanges, Alternative Investment Management Association (AlMA), FIA European Principal Traders Association (FIA EPTA), and Managed Funds Association (MFA)
Major banks seen to shoulder bulk of bond fund, Yonhap News Agency
S. Korea to create massive bond market stabilization fund, Yonhap News Agency
Government to Expand Scope of Bond Market Stabilization Fund, Yoon Young-sil
The Mortgage Market Has Caught the Virus, Mark Zandi, Laurie Goodman, Bob Ryan, and Jim Parrott
US Eases Impact of Accounting Rules for Borrowers Affected by COVID-19, Arwin G. Zeissler
Anatomy of a Liquidity Crisis: Corporate Bonds in the Covid-19 Crisis, Xing "Alex" Zhou and Maureen O'Hara
Crash and recover: Stocks register largest intra-day fall in history before rebounding, Talqeen Zubairi
Bond-Market Strains Keep Traders on Edge, Gregory Zuckerman, Heather Gillers, and Julia-Ambra Verlaine
Documents from 2019
Corporate Bond Aggregates, Yaki Bachar and Naama Last
Cash Transfers Between BEAPFF and HMT, Bank of England/Central Bank of the United Kingdom
Program Overview, Canada Mortgage and Housing Corporation
Assessment of Liquidity Creation in the Canadian Banking System, Annika Gnann and Sahika Kaya
Taking Stock of the Eurosystem's Asset Purchase Program after the End of Net Asset Purchases, Felix Hammerman, Kieran Leonard, Stefano Nardelli, and Julian von Landesberger
Weekly Report on Key Financial Statistics as of April 25, 2019, International Monetary Fund (IMF)
Corporate Bond Markets in a Time of Unconventional Monetary Policy, Mats Isaksson, Serdar ‡elik, and G¼l DemirtaÅŸ
Who Participates in Cleared Repo?, Jay Kahn and Luke Olson
The Riksbank's balance sheet and financial independence, David Kjellberg and David Vestin
Beyond LIBOR: a primer on the new reference rates, Andreas Schrimpf and Vladyslav Sushko
Following the Imprint of the ECB's Asset Purchase Programme on Global Bond and Deposit Flows, Avdjiev Stefan, Hyun Song Shin, and Mary Everett
The Riksbank Committee's proposal for a new Riksbank Act, Sveriges Riksbank
Company Profile - Krung Thai Bank Public Company Limited, Thailand: Securities and Exchange Commission (SEC)
Documents from 2018
Chapter 20: Unconventional Monetary Policies: a Re-appraisal, Claudio Borio and Anna Zabai
The Structure of the Treasury Market: What Are We Learning?, Lael Brainard
Weiss and Others v. ECB, European Union: Courts: European Court of Justice (ECJ)
What Happens When Regulatory Capital Is Marked to Market?, Andreas Fuster and James Vickery
The Macroeconomic Effects of Asset Purchases Revisited, Henning Hesse, Boris Hofmann, and James Michael Weber
Flexible Credit Line - Operational Guidance Note, International Monetary Fund (IMF)
IMF Executive Board Approves US$50 Billion Stand-By Arrangement for Argentina, International Monetary Fund (IMF)
Precautionary and Liquidity Line - Operational Guidance Note, International Monetary Fund (IMF)
The Riksbank's operational frameworks for monetary policy, Peter Sellin
Documents from 2017
Quantitative Easing the Independence of the Bank of England, William A. Allen
UK Leverage Ratio: Treatment of Claims on Central Banks, Bank of England/Central Bank of the United Kingdom: Prudential Regulation Authority (PRA)
Financial Markets in Korea (2017), Bank of Korea
Monetary Policy in Korea (Fourth Edition), Bank of Korea
The Life Cycle of Government of Canada Bonds in Core Funding Markets, Narayan Bulusu
Base Money, Broad Money and the APP, European Central Bank (ECB)
Federal Reserve Act, Section 23A. Relations with affiliates, Federal Reserve System: Board of Governors
Section 23B. Restrictions on Transactions with Affiliates, Federal Reserve System: Board of Governors
Federal Open Market Committee Rules and Authorizations (January 2017), Federal Reserve System: Board of Governors: Federal Open Market Committee (FOMC)
Our Mission 2017 - How we regulate financial services, Financial Conduct Authority (FCA)
The Acting Chair's Summing Up - Adequacy of the Global Financial Safety Net, International Monetary Fund (IMF)
Official Investors and the Eurozone Debt Market, Brad Setser
Documents from 2016
The euro outside the eurozone: euroization in Kosovo and Montenegro, Cezar Aloisio Pascoa Braga
Fixed Income Market Liquidity, Bank For International Settlements (BIS) : Committee on the Global Financial System.
Asset Purchase Facility Corporate Bond Purchase Scheme: Eligibility and Sectors, Bank of England/Central Bank of the United Kingdom
Asset Purchase Facility Corporate Bond Purchase Scheme - Market Notice 12 September 2016, Bank of England/Central Bank of the United Kingdom
Financial Market Fragmentation in the Euro Area: State of Play, Paul Berenberg-Gossler, Henrik Enderlein, Salomon Fielder, Klaus-J¼rgen Gern, Matthias Raddant, Ulrich Stolzenburg, Christophe Blot, Paul Hubert, Fabien Labondance, Corrado Macchiarelli, and Panagiotis Koutroumpis
Commission Implementing Regulation (EU) 2016/1801 of 11 October 2016 on laying down implementing technical standards with regard to the mapping of credit assessments of external credit assessment institutions for securitisation, European Central Bank (ECB)
Decision (EU) 2016/948 of the European Central Bank of 1 June 2016 on the implementation of the corporate sector purchase programme, European Central Bank (ECB)
Protocol (No. 4) On the Statute of the European System of Central Banks and of the European Central Bank, European Parliament
Policy on Counterparties for Market Operations, Federal Reserve System: Federal Reserve Bank of New York
The Early Years of the Primary Dealer System, Kenneth D. Garbade
Adequacy of the Global Financial Safety Net, International Monetary Fund (IMF)
IMF Financial Operations 2016: Chap. 4 - Special Drawing Rights, International Monetary Fund (IMF)
Sweden: Financial System Stability Assessment, International Monetary Fund (IMF): Monetary and Capital Markets Department
RatingsDirect, S&P Global Ratings
Review of the Riksbank's Monetary Policy 2010-2015, Sweden: Riksdag
A Corollary of Accountability: A History of FOMC Policy Communication, Tim Todd
Remarks by Counselor Antonio Weiss at the Evolving Structure of the U.S. Treasury Market: Second Annual Conference, Antonio Weiss
Documents from 2015
Decision (EU) 2015/5 of the European Central Bank of 19 November 2014 on the implementation of the asset-backed securities purchase programme, European Central Bank (ECB)