Новый клуб центральных банков

НЬЮ-ЙОРК – После финансового кризиса 2007-2008 годов центральные банки стран мира стали играть ведущую роль в спасении мировой финансовой системы. Они вышли на передний план, когда частные рынки замерли, выступая в роли кредиторов и дилеров последней инстанции, и предоставили дополнительную ликвидность, чтобы обеспечить работу финансовой системы.

Эти центральные банки предлагали свои услуги в первую очередь национальным субъектам, но также проявляли щедрость и в отношении иностранных частных юридических лиц. В действительности, даже иностранные государства выиграли от того, что центральные банки вступили в соглашения о свопах, предоставляя друг другу неограниченный доступ к их соответствующим валютам. Это создало тревожный прецедент.

Изначально созданные как временная мера в 2007 году, своп-линии, созданные на тот момент для обеспечения связи между Федеральной резервной системой США, Европейским центральным банком и Национальным банком Швейцарии, расширялись всякий раз, когда новый кризис подрывал устойчивость рынков. Однако не так давно шесть центральных банков объявили, что они перевели свои соглашения о свопах на постоянную основу.

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