View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

ECB announces details regarding the
reactivation of the US dollar liquidity-providing
10 May 2010
Following the decision of the Governing Council to reactivate the temporary swap line with the Federal
Reserve, the European Central Bank (ECB) today announces the operational details for its US dollar
liquidity-providing operations.
The operations will be carried out as fixed rate tenders with full allotment and will take the form of
repurchase operations against ECB-eligible collateral.
The ECB has decided to conduct:
7-day operations on a weekly basis. The first operation will be held on 11 May 2010, with settlement on
12 May 2010 and maturity until 20 May 2010. Subsequent operations will as a rule be conducted and
allotted on Wednesdays, for settlement on the following business day.
An 84-day operation to be held on Tuesday, 18 May 2010, with settlement on 20 May 2010 and
maturity until 12 August 2010.
Further information on tender procedures can be found on the ECB’s website.


European Central Bank
Directorate General Communications
Sonnemannstrasse 20
60314 Frankfurt am Main, Germany
+49 69 1344 7455

Reproduction is permitted provided that the source is acknowledged.
Media contacts

Copyright 2022, European Central Bank