Swing line facility: Difference between revisions
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imported>Doug Williamson (Add links.) |
imported>Doug Williamson (Add link.) |
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*[[Bridge facility]] | *[[Bridge facility]] | ||
*[[Commercial paper]] | *[[Commercial paper]] | ||
*[[Line]] | |||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
[[Category:Financial_products_and_markets]] | [[Category:Financial_products_and_markets]] | ||
[[Category:Liquidity_management]] | [[Category:Liquidity_management]] | ||
Revision as of 11:37, 19 September 2019
A short term facility providing same day availability of funds, pending the arrival of funds from a normal two business day notice facility (which will provide longer term funds).
Used for example as a back-stop facility to commercial paper, or to fund same day value margin calls (for example on exchange traded derivatives contracts).
