Federal Reserve Reopens Five Swap Lines in Response to Short-Term Funding Strains in Europe

Revisiting reciprocal currency agreements used throughout the financial crisis, the Federal Reserve late May 9 reestablished swap lines with several foreign central banks to help lessen liquidity…

N.Y. Fed Expands Counterparty Eligibility for Possible Reverse Repurchase Program

The Federal Reserve Bank of New York March 8 announced qualified money market mutual funds would be eligible counterparties in a possible reverse repurchase…