International Liquidity Provision During the Financial Crisis: A View from Switzerland

The authors document the provision of liquidity in Swiss francs (CHF) by the Swiss National Bank (SNB) to banks located outside Switzerland during the recent financial crisis. What makes the Swiss case special is the size of this liquidity provision"”at times, 80 percent of all short-term CHF liquidity provided by the SNB"”and the measures adopted to distribute this liquidity.
Central Banker logo


Keep up with what’s new and noteworthy at the St. Louis Fed. Sign up now to have this free monthly e-newsletter emailed to you.