Anonymous ID: 4ba413 March 19, 2020, 6:27 a.m. No.8474246   🗄️.is 🔗kun   >>4747 >>4869

Federal Reserve News

 

Federal Reserve announces the establishment of temporary U.S. dollar liquidity arrangements with other central banks

 

The Federal Reserve on Thursday announced the establishment of temporary U.S. dollar liquidity arrangements (swap lines) with the Reserve Bank of Australia, the Banco Central do Brasil, the Danmarks Nationalbank (Denmark), the Bank of Korea, the Banco de Mexico, the Norges Bank (Norway), the Reserve Bank of New Zealand, the Monetary Authority of Singapore, and the Sveriges Riksbank (Sweden). These facilities, like those already established between the Federal Reserve and other central banks, are designed to help lessen strains in global U.S. dollar funding markets, thereby mitigating the effects of these strains on the supply of credit to households and businesses, both domestically and abroad.

 

These new facilities will support the provision of U.S. dollar liquidity in amounts up to $60 billion each for the Reserve Bank of Australia, the Banco Central do Brasil, the Bank of Korea, the Banco de Mexico, the Monetary Authority of Singapore, and the Sveriges Riksbank and $30 billion each for the Danmarks Nationalbank, the Norges Bank, and the Reserve Bank of New Zealand. These U.S. dollar liquidity arrangements will be in place for at least six months.

 

The Federal Reserve also has standing U.S. dollar liquidity swap lines with the Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, and the Swiss National Bank.

https://www.federalreserve.gov/newsevents/pressreleases/monetary20200319b.htm

 

Fed Boosts Daily QE By 66% Overnight To Record $75 Billion In One Day

 

Overnight saw the addition of yet another four-letter-acronym bailout fund from The Fed but signals from the market suggest that they are once again losing control of the dollar-shortage-driven liquidity crisis as the FRA-OIS spread has started to rise sharply once again. So, what does The Fed decide to do?

 

Simple - increase its daily QE buying of bonds by 66%, buying a record $75 billion of US Treasury bonds each of today and tomorrow. The bank had initially planned to purchase $50b of Treasuries on those days.

The buying is spread across 7 operations as listed below:

 

-9:40 – 10:00 am: Treasury Coupons 7 to 20 year sector, for around $6 billion

-10:30 – 10:50 am: Treasury Coupons 4.5 to 7 year sector, for around $11 billion

-11:20 – 11:40 am: Treasury Coupons 2.25 to 4.5 year sector, for around $17 billion

-12:10 – 12:30 pm: Treasury Coupons 0 to 2.25 year sector, for around $25 billion

-1:00 – 1:20 pm: Treasury Coupons 20 to 30 year sector, for around $9 billion

-1:50 – 2:10 pm: TIPS 1 to 7.5 year sector (Thursday)/TIPS 7.5 to 30 year sector (Friday), for around $7 billion

 

Just for some context, that is more than one month of 'old QE' in one day!!

https://www.zerohedge.com/markets/fed-boosts-daily-qe-66-overnight-record-75-billion-one-day

Anonymous ID: 4ba413 March 19, 2020, 7:11 a.m. No.8474618   🗄️.is 🔗kun   >>4704 >>4869

PAT222 C-560 Citation out from Ft. Worth- NASJRB- Carswell Field and NW-perhaps going to Portland. Seen a few in and out of there recently

PAT=Priority Air Travel

Anonymous ID: 4ba413 March 19, 2020, 7:26 a.m. No.8474747   🗄️.is 🔗kun

>>8474704

 

>>8474246 Federal Reserve announces the establishment of temporary U.S. dollar liquidity arrangements with other central banks

 

opened up currency swap lines. Spigots are open for open currency swaps.

 

>Federal Reserve News