Monthly report on programs the Bank of Israel is operating in the financial markets in view of the coronavirus crisis
The Bank of Israel operates several programs to deal with liquidity problems that have adversely impacted the financial system due to the coronavirus crisis, to ensure the proper functioning of the financial markets, to ease the terms of credit in the economy, and to support economic activity and financial stability.
Following is the monthly update on the balances in the programs that were put into operation, as of March 31, 2020:
|
|
Repo transactions with government bonds as security |
NIS/$ swaps |
Government bond purchases |
|
Date announced by the Bank of Israel |
March 15, 2020 |
March 18, 2020 |
March 23, 2020 |
|
Balance as of March 31, 2020 |
NIS 5.5 billion |
$ 7.5 billion |
NIS 8.5 billion |