Federal Reserve Foreign Exchange Swap Agreements
These swap facilities respond to the re-emergence of strains in short term funding markets in Europe. They are designed to improve liquidity conditions in global money markets and to minimize the risk that strains abroad could spread to U.S. markets, by providing foreign central banks with the capacity to deliver U.S. dollar funding to institutions in their jurisdictions.
 
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U.S. Dollar Liquidity Swap Operations (USD mn)
  09/10/14 Operations during week ending 09/17/14 09/17/14
Outstanding (A) Matured (B) Drawn (C) Terms* Outstanding
(A-B+C)
Bank of Canada 0   0   0   N/A   0  
Bank of England 0   0   0   N/A   0  
Bank of Japan 2   2   0   N/A   0  
European Central Bank 75   75   75   7-Day, 0.59%   75  
Swiss National Bank 0   0   0   N/A   0  
Total 77   77   75   N/A   75  

A Total value of swaps that have settled, but have not yet matured as of, and including, the date at the top of the column.
B Total value of swaps that were unwound during the week. The "week" begins on the business day immediately following the date referenced in A through the week ending date.
C Refers to the total value of swaps which have settled during the week, but have not yet matured.
* Annualized interest rate of the transaction. Only includes terms for transactions referred to in "C".

 
U.S. Dollar Liquidity Swap Small Value Exercise (USD mn)
This operation is part of a U.S. dollar liquidity swap small value exercise as announced on December 12, 2013.
  12/11/13 Operations during week ending 12/18/13 12/18/13
Outstanding (A) Matured (B) Drawn (C) Terms Outstanding
(A-B+C)
Bank of England 0 0.5 0.5 1-day,
0.58%
0
Swiss National Bank 0 0.5 0.5 1-day,
0.58%
0
Total 0 1 1 N/A  

A Total value of swaps that have settled, but have not yet matured as of, and including, the date at the top of the column.
B Total value of swaps that were unwound during the week. The "week" begins on the business day immediately following the date referenced in A through the week ending date.
C Refers to the total value of swaps which have settled during the week, but have not yet matured.
* Annualized interest rate of the transaction. Only includes terms for transactions referred to in "C".
 
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Results at participating Foreign Central Banks
Bank of England Offsite
Bank of Japan Offsite
European Central Bank Offsite
Swiss National Bank Offsite