August 20, 2020

US dollar liquidity-providing operations from 1 September 2020

 

US dollar liquidity-providing operations from 1 September 2020

20 August 2020

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 Bank of England, the Bank of Japan, the European Central Bank and the Swiss National Bank, in consultation with the Federal Reserve, have jointly decided to further reduce the frequency of their 7-day operations from three times per week to once per week.