Global liquidity flows are largely channeled through banks and nonbank financial institutions. The common drivers of … global liquidity flows include monetary policy in advanced economies and risk conditions. At the same time, the sensitivities … of liquidity flows to changes in these drivers differ across institutions and have been evolving over time …

Building on the facility design and application experience from the period of the global financial crisis, in March … temporary swap agreements, and then introduced the new Foreign and International Monetary Authorities (FIMA) repo facility …

transmission. -- bank ; global ; liquidity ; transmission ; capital markets ; crisis ; contagion …The recent crisis highlighted the importance of globally active banks in linking markets. One channel for this linkage … is the liquidity management of these banks, specifically the regular flow of funds between parent banks and their …

Global banks played a significant role in transmitting the 2007-09 financial crisis to emerging-market economies. We … examine adverse liquidity shocks on main developedcountry banking systems and their relationships to emerging markets across …-border lending by foreign banks; 2) a contraction in local lending by foreign banks’ affiliates in emerging markets; and 3) a …