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Federal Reserve Foreign Exchange Swap Agreements
These swap facilities respond to the re-emergence of strains in short term funding markets. 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.
 
U.S. Dollar Liquidity Swap Operations (USD mn)
  03/15/17 Operations during week ending 03/22/17 03/22/17
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
0 0 0 N/A 0
Bank of Japan 2 2 4 7-Day, 1.39% 4
0 0 0 N/A 0
European Central Bank 915 915 1,015 7-Day, 1.42% 1,015
0 0 0 N/A 0
Swiss National Bank 0 0 0 N/A 0
0 0 0 N/A 0
Total 917 917 1,019 N/A 1,019
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".
 
 
Canadian Dollar Liquidity Swap Small Value Exercise (CAD mn)
This operation is part of a non-dollar liquidity swap value exercise as announced on October 21, 2014
  3/15/17 Operations during week ending 3/22/17 3/22/17
Outstanding (A) Matured (B) Drawn (C) Terms* Outstanding
(A-B+C)
Bank of Canada 0.0 0.0 0.1 1-day, 0.50% 0.1
Total 0.0 0.0 0.1 N/A 0.1
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".