Federal Reserve to foreign central banks via reciprocal currency arrangements (swap lines) reduced CIP deviations. In … particular, the announcement on October 13, 2008, that the swap lines would become unlimited reduced CIP deviations substantially … ; counterparty credit risk ; central bank currency swap lines ; financial crisis ; foreign exchange …

amounts, in foreign currency and to foreign banks. Central bank cooperation took the form of a swap network, and amounted to …, the swap network should not be made permanent and given an institutional basis to provide international lending of last … International Economics, concludes in favour of making the swap network permanent, while William Dudley, President of the Federal …

- violations of no arbitrage bounds in the forward and currency swap markets. We also use volatility smile data to capture FX …

We examine the long-run relationships and short-run dynamic linkages among 9 major cross-currency swap spreads, with … were generally strengthened. The influence of euro and swiss cross-currency swaps on other European cross-currency swaps … generally increased after the crisis; the swiss cross-currency swap became several times more influential on all European cross …

This paper studies the dynamic relationship between demand for the US Treasury yields and cross-currency swap (CCS …, an estimated short-rate premium in the yield curve tends to move in tandem with and lead the euro and Japanese yen CCS … interest parity in foreign exchange swap markets …