Publications on Swap lines

Presentation by Philip R. Lane, Member of the Executive Board of the ECB, at the Danmarks Nationalbank conference marking the 40th anniversary of the Danish fixed exchange rate regime

Guest lecture by Isabel Schnabel, Member of the Executive Board of the ECB, at the University of Chicago Booth School of Business

The ECB’s swap and repo lines are essential stabilising tools in the coronavirus crisis. In a joint Blog post, Executive Board members Fabio Panetta and Isabel Schnabel explain how these tools reduce funding risks, prevent financial contagion and support the euro’s use in global transactions.