Central bank liquidity swap
Announced by the Federal Reserve on December 12, 2007, the Fed made temporary agreements with 14 central banks around the world to provide liquidity in U.S. dollars to overseas markets. The agreements terminated on Feb. 1, 2010.
Nearby TermsCentral bank Central bank intervention Central bank liquidity swap Central Counterparty Clearing House Central Limit Theorem
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University