Договор о валютных свопах.

Nov 14, 2013 13:06


(http://online.wsj.com/news/articles/SB10001424052702303618904579169474281925690)
Global Central Banks Reach Standing Currency-Swap Deal
Agreement Follows New Swap Deal Between ECB and People's Bank of China

Six of the world's most prominent central banks have agreed to standing currency-swap arrangements to insulate their markets from future global financial turmoil, the central banks said Thursday.

The European Central Bank, U.S. Federal Reserve, Bank of Canada, Bank of England, Bank of Japan 8301.TO +2.36% and Swiss National Bank SNBN.EB +0.86% announced "their existing temporary bilateral liquidity swap arrangements are being converted to standing arrangements," the ECB said in a statement. Those arrangements would remain in place until further notice.


These lines were established during the financial crisis, when markets outside of the U.S. became short of U.S. dollar funding. The Fed made short-term dollar loans available overseas through arrangements with its central-bank counterparts. Fed officials believed this helped insulate the U.S. from aggressive selling of U.S. dollar assets by investors overseas.

"The existing temporary swap arrangements have helped to ease strains in financial markets and mitigate their effects on economic conditions," the Fed said in its statement about the agreement. "The standing arrangements will continue to serve as a prudent liquidity backstop."

Swap lines enable central banks to deliver short-term funding of dollars, yen, euros and other currencies outside their home markets during periods of market stress.

The agreement replaces a previous currency-swap deal that was set to expire in February.

Some countries have extended such agreements on their own. The ECB, for instance, struck a three-year currency-swap deal with the People's Bank of China earlier this month. That swap arrangement will guarantee euro zone access to as much as 350 billion yuan ($57 billion). The PBOC will be able to tap €45 billion ($62 billion) from the euro zone's central bank.

Интересно, не означает ли это фактически введение единой мировой валюты? Основные валюты мира теперь привязаны друг к другу, если я правильно понял.
Previous post Next post
Up