Swing line facility: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
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*[[Bridge facility]] | *[[Bridge facility]] | ||
*[[Commercial paper]] | *[[Commercial paper]] | ||
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*[[Line]] | *[[Line]] | ||
Latest revision as of 12:54, 6 July 2022
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).
