Discount Window Facility - Revision history

imported>Doug Williamson: Add link.

2022-07-07T00:05:32Z

Add link.

← Older revision		Revision as of 00:05, 7 July 2022
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	*[[Collateral transformation]]		*[[Collateral transformation]]
	*[[Contingent Term Repo Facility]]		*[[Contingent Term Repo Facility]]
			* [[Discount]]
	* [[Facility]]		* [[Facility]]
	*[[Gilts]]		*[[Gilts]]

imported>Doug Williamson: Add link.

2022-07-06T12:49:40Z

Add link.

← Older revision		Revision as of 12:49, 6 July 2022
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	*[[Collateral transformation]]		*[[Collateral transformation]]
	*[[Contingent Term Repo Facility]]		*[[Contingent Term Repo Facility]]
			* [[Facility]]
	*[[Gilts]]		*[[Gilts]]
	*[[Indexed Long-Term Repo operations]]		*[[Indexed Long-Term Repo operations]]

imported>Doug Williamson: Add link.

2021-12-07T14:10:04Z

Add link.

← Older revision		Revision as of 14:10, 7 December 2021
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	*[[Sterling Monetary Framework]]		*[[Sterling Monetary Framework]]
	*[[Stress]]		*[[Stress]]
			*[[Tailor]]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]
	[[Category:The_business_context]]		[[Category:The_business_context]]
	[[Category:Financial_products_and_markets]]		[[Category:Financial_products_and_markets]]

imported>Doug Williamson: Correct header typeface.

2019-08-28T16:17:02Z

Correct header typeface.

← Older revision		Revision as of 16:17, 28 August 2019
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	''Bank of England - Sterling Monetary Framework - liquidity ~~insurance’~~'.		''Bank of England - Sterling Monetary Framework - liquidity insurance.''

	(DWF).		(DWF).

imported>Doug Williamson: Expand heading.

2019-08-22T13:54:18Z

Expand heading.

← Older revision		Revision as of 13:54, 22 August 2019
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	''Bank of England.''		''Bank of England - Sterling Monetary Framework - liquidity insurance’'.

	(DWF).		(DWF).
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	*[[Gilts]]		*[[Gilts]]
	*[[Indexed Long-Term Repo operations]]		*[[Indexed Long-Term Repo operations]]
			*[[Lender of last resort]]
	*[[Liquidity]]		*[[Liquidity]]
	*[[Liquidity insurance]]		*[[Liquidity insurance]]
	*[[Official Bank Rate]]		*[[Official Bank Rate]]
	*[[Operational Standing Facilities]]		*[[Operational Standing Facilities]]
			*[[Regulation]]
	*[[Repo]]		*[[Repo]]
	*[[Reserves]]		*[[Reserves]]
	*[[Sterling Monetary Framework]]		*[[Sterling Monetary Framework]]
	*[[Stress]]		*[[Stress]]

			[[Category:Accounting,_tax_and_regulation]]
			[[Category:The_business_context]]
			[[Category:Financial_products_and_markets]]

imported>Doug Williamson: Add link.

2016-08-08T06:17:28Z

Add link.

← Older revision		Revision as of 06:17, 8 August 2016
Line 31:		Line 31:
	*[[Collateral transformation]]		*[[Collateral transformation]]
	*[[Contingent Term Repo Facility]]		*[[Contingent Term Repo Facility]]
			*[[Gilts]]
	*[[Indexed Long-Term Repo operations]]		*[[Indexed Long-Term Repo operations]]
	*[[Liquidity]]		*[[Liquidity]]

imported>Doug Williamson: Update.

2016-08-08T06:16:29Z

Update.

← Older revision		Revision as of 06:16, 8 August 2016
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	(DWF).		(DWF).

	The Bank of England's Discount Window Facility (DWF) is one of three components of the liquidity insurance part its Sterling Monetary Framework (SMF).		The Bank of England's Discount Window Facility (DWF) is one of three key components of the liquidity insurance part its Sterling Monetary Framework (SMF).

	The DWF is designed for institution-specific stresses needing liquidity of tailored amounts and timing, with time-lagged disclosure to the market.		The DWF is designed for institution-specific stresses needing liquidity of tailored amounts and timing, with time-lagged disclosure to the market.

imported>Doug Williamson: Create the page. Source: Bank of England Red Book June 2015 p11.

2016-08-07T20:59:42Z

Create the page. Source: Bank of England Red Book June 2015 p11.

New page

''Bank of England.''

(DWF).

The Bank of England's Discount Window Facility (DWF) is one of three components of the liquidity insurance part its Sterling Monetary Framework (SMF).

The DWF is designed for institution-specific stresses needing liquidity of tailored amounts and timing, with time-lagged disclosure to the market.

The DWF's key features are:
*Initiated on demand by the participating institution.
*Rollable 30-day term for banks and similar institutions, and five-day for central counterparties.
*Usually gilts lent against less liquid but high credit quality collateral.
*Prices based on collateral type and size of drawing.

Disclosure of an institution's use of the DWF risks worsening the original stress which caused the need to use it.

For this reason, disclosure of uses of the DWF is time-lagged and averaged across participating institutions and over a calendar quarter.

The intention is that any drawing under the DWF should have ended before data on it are published.

The other two key facilities in the Bank's liquidity insurance structure are the Contingent Term Repo Facility (CTRF) and the Bank's Indexed Long-Term Repo (ILTR) operations.

==See also==
*[[Bank of England]]
*[[Central counterparty]]
*[[Collateral]]
*[[Collateral transformation]]
*[[Contingent Term Repo Facility]]
*[[Indexed Long-Term Repo operations]]
*[[Liquidity]]
*[[Liquidity insurance]]
*[[Official Bank Rate]]
*[[Operational Standing Facilities]]
*[[Repo]]
*[[Reserves]]
*[[Sterling Monetary Framework]]
*[[Stress]]