Central bank liquidity swap lines and international coordination (2008-2010; 2020)

1. Fed opens dollar swap lines with ECB and SNB

   Dec 12, 2007Labels: Federal Reserve, ECB, SNB

   • Fed PR
   • Fed MPR

2. ECB and SNB begin coordinated dollar auctions

   Dec 17, 2007Labels: ECB, SNB

   • Fed MPR
   • Fed PR

3. Swap lines expand as global dollar demand rises

   Jul 15, 2008Labels: Federal Reserve, ECB, SNB

   • Fed MPR
   • Boston Fed

4. Fed adds new swap lines with major partners

   Sep 18, 2008Labels: Federal Reserve, central banks

   • GAO
   • Fed MPR

5. Fed establishes additional swap lines with four central banks

   Sep 24, 2008Labels: Federal Reserve, Reserve Bank, Sveriges Riksbank

   • Fed PR
   • GAO

6. Fed boosts overall swap-line capacity to $620 billion

   Sep 29, 2008Labels: Federal Reserve

   • Fed PR
   • RBA SMP

7. Fed removes quantity limits for key swap lines

   Oct 14, 2008Labels: Federal Reserve, major central

   • Bernanke
   • RBA SMP

8. Fed adds swap lines for Korea, Mexico, Brazil, Singapore

   Oct 29, 2008Labels: Federal Reserve, Bank of, Banxico

   • GAO
   • Fed MPR

9. Swap lines extended through October 30, 2009

   Feb 3, 2009Labels: Federal Reserve, partner central

   • ECB PR
   • Fed MPR

10. Temporary 2008-era dollar swap lines expire

    Feb 1, 2010Labels: Federal Reserve

    • Fed CLBS
    • GAO

11. Major central banks enhance standing swap lines

    Mar 15, 2020Labels: Federal Reserve, major central

    • BIS
    • Yale SOM

12. Fed reopens temporary swap lines with nine central banks

    Mar 19, 2020Labels: Federal Reserve, nine central

    • Fed PR
    • BIS

13. Fed launches FIMA Repo Facility as broader backstop

    Mar 31, 2020Labels: Federal Reserve, FIMA Repo

    • Fed BSD
    • Fed FSR

14. Fed extends swap lines and FIMA facility through September 2021

    Dec 16, 2020Labels: Federal Reserve, FIMA Facility

    • Fed PR
    • Fed PR