-
Reduction in frequency of 7-day US dollar liquidity-providing operations as of 1 September 2020
ECB and other major central banks to reduce frequency of 7-day US dollar operations from three times per week to once per week, while 84-day operations continue to be offered weekly New frequency effective as of 1 September 2020, to remain in place for as long as appropriate to support smooth functioning of US dollar funding markets ECB and other major central banks standing ready to re-adjust provision of US dollar liquidity as warranted by market conditions In view of continuing improvements in US dollar funding conditions and the low demand at recent 7-day maturity US dollar liquidity-providing operations, the ... (full story)