|Economy||Measure Code||Measure||Currency Code||Amount (Local)||Amount (USD)||Source||Post Date||Details|
|Hong Kong, China||03||03 - Direct long-term lending||HKD|
|Hong Kong, China||03A||03A - Long-term lending||HKD|
|Hong Kong, China||03B||03B - Forbearance||HKD||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#P (accessed 6 May 2020).||
No amount/estimate: Other measures by banks to the extent permitted by their risk management principles, including delay of loan payment, extension of loan tenors, and principal moratoriums for affected SMEs, sectors, and households as appropriate.This includes a pre-approved principal payment holiday for corporates and residential mortgages announced on April 17.
|Hong Kong, China||07||07 - Central bank financing government||HKD|
|Hong Kong, China||07A||07A - Direct lending and reserve drawdown||HKD|
|Hong Kong, China||07B||07B - Secondary purchase: government securities||HKD|
|Mongolia||03||03 - Direct long-term lending||MNT||500,000,000,000||181,388,204|
|Mongolia||03A||03A - Long-term lending||MNT||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 June 2020).||
No amount/estimate: April, A comprehensive set of fiscal measures has been announced, pending parliamentary approval in early April, including an increase in soft loans from the development bank to cashmere producers.
|Mongolia||03B||03B - Forbearance||MNT||500,000,000,000||181,388,204||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 24 June 2020); Mongolian News Agency. https://montsame.mn/en/read/228302 (accessed 12 June 2020).||
(i) No amount/estimate: April 13, The BOM allowed existing consumption loan borrowers to defer their principal and interest payments by up to 12 months; (ii) June 12, The government of Mongolia, together with the BOM and commercial banks, has approved decisions to make 6-month deferrals on consumer and business loan repayment and their interests for 90 days, and to extend the repayment of mortgage loans by six months. The BOM announced that commercial banks have allowed to defer repayment of mortgage loans worth MNT500 billion in total since the decision was issued.
|Mongolia||07||07 - Central bank financing government||MNT|
|Mongolia||07A||07A - Direct lending and reserve drawdown||MNT|
|Mongolia||07B||07B - Secondary purchase: government securities||MNT|
|People's Republic of China||03||03 - Direct long-term lending||CNY||350,000,000,000||49,871,241,522|
|People's Republic of China||03A||03A - Long-term lending||CNY||350,000,000,000||49,871,241,522||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 April 2020).||
CNY350 billion for policy banks’ credit extension to micro- and small enterprises. expansion of policy banks’ credit extension line to private and micro- and small enterprises (RMB 350 billion).
|People's Republic of China||03B||03B - Forbearance||CNY||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 April 2020); Xinhua. http://www.xinhuanet.com/english/2020-06/05/c_139117116.htm (accessed 8 June 2020); PBOC http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/4033015/index.html (accessed 12 June 2020).||
(i) No amount/estimate: The government has also taken multiple steps to limit tightening in financial conditions, including measured forbearance to provide financial relief to affected households, corporates, and regions facing repayment difficulties including delay of loan payments and other credit support measures for eligible SMEs and households and tolerance for higher NPLs for loans by epidemic-hit sectors and SMEs; (ii) No amount/estimate: June 5, PBOC introduced a policy allowing small and micro businesses to apply for deferring their inclusive loan repayments, maturing by end-2020 to March 31, 2021, with penalty payment exempted by providing 1% of the capital of SMEs’ loan applying for deferring repayments as the incentives for the local small and medium-sized commercial banks who lent those loans. SMEs who benefit from this measure should keep effective guarantee or alternative arrangements, use the loans for production and business purposes, and promise to maintain employment stable .
|People's Republic of China||07||07 - Central bank financing government||CNY|
|People's Republic of China||07A||07A - Direct lending and reserve drawdown||CNY|
|People's Republic of China||07B||07B - Secondary purchase: government securities||CNY|
|Republic of Korea||03||03 - Direct long-term lending||KRW||129,300,000,000,000||105,976,104,523|
|Republic of Korea||03A||03A - Long-term lending||KRW||129,300,000,000,000||105,976,104,523||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 11 May 2020). OECD. http://www.oecd.org/coronavirus/en/ (accessed 11 May 2020). FSC. http://www.fsc.go.kr/eng/new_press/releases.jsp?menu=01&bbsid=BBS0048 (accessed 25 June 2020). FSC. http://www.fsc.go.kr/eng/new_press/releases.jsp?menu=01&bbsid=BBS0048 (accessed 25 June 2020).||
(i) March 24, The government announced an additional financial support package of KRW100 trillion (USD80 billion) to boost local business and ease the financial burden on households and businesses: (a) expansion of financial loans and guarantees for SMEs and affected households and businesses (KRW58 trillion), (b) creation of a bond market stabilisation fund to purchase corporate bonds and commercial paper (KRW20 trillion). (ii) April 22, Further augmentation of KRW35 trillion mainly through creation of a special purpose vehicle (SPV) to purchase corporate bonds and commercial paper (KRW 20 trillion) and additional funds for SME lending (KRW 10 trillion). (iii) KRW5 trillion working capital support program for SME subcontractors in key industries to be financed by injecting equity into an SPV which will create a pool of underlying assets by purchasing loans and will issue primary collateralized loan obligations while management of loans will be carried out by creditor banks. [update]
|Republic of Korea||03B||03B - Forbearance||KRW|
|Republic of Korea||07||07 - Central bank financing government||KRW||3,000,000,000,000||2,458,842,332|
|Republic of Korea||07A||07A - Direct lending and reserve drawdown||KRW|
|Republic of Korea||07B||07B - Secondary purchase: government securities||KRW||3,000,000,000,000||2,458,842,332||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 1 June 2020).||
The BOK is purchasing Korean Treasury Bonds (KRW3 trillion).
|Taipei,China||03||03 - Direct long-term lending||TWD|
|Taipei,China||03A||03A - Long-term lending||TWD|
|Taipei,China||03B||03B - Forbearance||TWD|
|Taipei,China||07||07 - Central bank financing government||TWD|
|Taipei,China||07A||07A - Direct lending and reserve drawdown||TWD|
|Taipei,China||07B||07B - Secondary purchase: government securities||TWD|