ECB's Lane Outlines Euro Liquidity Lines and Enhanced Repo Facility
ECB board member Philip Lane detailed how euro repo and swap lines support monetary policy transmission and described the enhanced EUREP facility.
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ECB Executive Board member Philip Lane said international euro liquidity lines complement domestic refinancing operations by mitigating spillovers when foreign demand for euro liquidity rises or cross-border flows are impaired. In remarks in Shanghai, he described the enhanced EUREP repo facility, which he said completed onboarding of its first foreign central banks in early October.
ECB's Lane Outlines Euro Liquidity Lines and Enhanced Repo Facility ↗ECB board member Philip Lane detailed how euro repo and swap lines support monetary policy transmission and described the enhanced EUREP facility.
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