Coordinated Central Bank Action to Address Pressures in Global Money Markets

Central banks recently announced coordinated actions to expand the provision of U.S. dollar liquidity.
Published on 07 October 2008

Today, the central banks are announcing schedules for term and forward auctions of U.S. dollar liquidity during the fourth quarter of this year. These schedules include dates of any 28-day and 84-day term auctions and two preliminary dates for any forward auctions of U.S. dollar liquidity over year-end. Scheduling of the forward auctions is still tentative and may be adjusted in response to financial market conditions.

PDFPress release


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