Discussion Paper
Central bank liquidity facilities around the world
Abstract: A core task of central banks is to provide liquidity to banks, with the goal of facilitating monetary policy implementation, ensuring the smooth functioning of the payment system, and promoting financial stability. While central banks around the world pursue these goals, the design of liquidity facilities differs across countries. This note provides an overview of liquidity facilities around the world that resemble the Federal Reserve’s discount window as well as intraday credit, comparing and contrasting setups in different countries.
https://doi.org/10.17016/2380-7172.3740
Access Documents
File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/central-bank-liquidity-facilities-around-the-world-20250226.html
Authors
Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2025-02-26
Number: 2025-02-26-1