2020 the Federal Reserve eased the terms on its standing swap lines in collaboration with other central banks, reactivated … temporary swap agreements, and then introduced the new Foreign and International Monetary Authorities (FIMA) repo facility … span of effects. This article provides key details on these facilities and evidence that the central bank swap lines and …

Reserve eased the terms on its standing swap lines in collaboration with other central banks, reactivated temporary swap …

overnight index swap (OIS) rates to forecast the path of future monetary policy. We first document no significant risk premium … embedded in swap rates for maturities up to one year, which enables them to be unbiased predictors of future OIS underlying …

in EUR swap yields and their volatility. The results of the estimated models of EUR swap yields of different maturity …This paper models the month-over-month change in euro-denominated (EUR) long-term interest rate swap yields. It shows … EUR swap yields of different maturity tenors, after controlling for various macroeconomic and financial variables, such as …