For Release at4:30 P.M. Eastern time May 13, 2010
The Board's H.4.1 statistical release, "Factors Affecting Reserve Balances of Depository Institutions and Condition Statement of Federal Reserve Banks," has been modified to report the maturity distribution of temporary U.S. dollar liquidity swap facilities (central bank liquidity swaps). These facilities were re-established in response to the re-emergence of strains in U.S. dollar short-term funding markets in Europe and are designed to help improve liquidity conditions in U.S. dollar funding markets and to prevent the spread of strains to other markets and financial centers.
The maturity distribution of these swaps is reported again in table 2. The release continues to show the outstanding dollar value of central bank liquidity swaps in tables 1, 10, and 11.
Detailed information about draws on the swap lines by the participating central banks is presented on the Federal Reserve Bank of New York's website: http://www.newyorkfed.org/markets/liquidity_swap.html.
