Economy Measure Code Measure Currency Code Amount (Local) Amount (USD) Source Details
Australia 01 01 - Liquidity Support AUD
Australia 01A 01A - Short-term lending AUD Reserve Bank of Australia (RBA). https://www.rba.gov.au/speeches/2020/sp-gov-2020-03-19.html (accessed 6 May 2020); RBA. https://www.rba.gov.au/covid-19/ (accessed 03 June 2020).

No amount/estimate: April, To support liquidity, the Reserve Bank of Australia (RBA) will conduct one-month and three-month repo operations daily until further notice.

Australia 01B 01B - Support policies for short-term lending AUD RBA. https://www.rba.gov.au/media-releases/2020/mr-20-13.html (accessed on 6 May 2020); RBA. https://www.rba.gov.au/covid-19/ (accessed 03 June 2020).

No amount/estimate: May, To assist with the smooth functioning of Australian capital markets, the RBA has broadened the range of eligible collateral for open market operations to include securities issued by non-bank corporations with an investment grade.

Australia 01C 01C - Forex operations AUD IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 3 June 2020).

No amount/estimate: April, The exchange rate has been allowed to adjust flexibly to absorb economic shocks.

Australia 07 07 - Central bank financing government AUD 50,000,000,000 31,089,999,979
Australia 07A 07A - Direct lending and reserve drawdown AUD
Australia 07B 07B - Secondary purchase: government securities AUD 50,000,000,000 31,089,999,979 RBA. https://www.rba.gov.au/media-releases/2020/mr-20-13.html (accessed on 14 May 2020); RBA. https://www.rba.gov.au/covid-19/ (accessed 3 June 2020).

April, The RBA has announced yield targeting on 3-year government bonds at 0.25% through purchases of government bonds in the secondary market. On May 5, RBA has purchased AUD50 billion of Australia Government securities (AGS) and semis in the secondary market. May 5 and June 2, the RBA announced that it will maintain the current policy setting.

Austria 01 01 - Liquidity Support EUR
Austria 01A 01A - Short-term lending EUR
Austria 01B 01B - Support policies for short-term lending EUR IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 April 2020).

No amount/estimate: The Oesterreichische Nationalbank (OeNB) has declared readiness to supply sufficient cash to banks, ATM operators, and the economy in response to increased withdrawals. Working hours were extended to meet the increased demand.

Austria 01C 01C - Forex operations EUR
Austria 07 07 - Central bank financing government EUR
Austria 07A 07A - Direct lending and reserve drawdown EUR
Austria 07B 07B - Secondary purchase: government securities EUR
Belgium 01 01 - Liquidity Support EUR
Belgium 01A 01A - Short-term lending EUR
Belgium 01B 01B - Support policies for short-term lending EUR
Belgium 01C 01C - Forex operations EUR
Belgium 07 07 - Central bank financing government EUR
Belgium 07A 07A - Direct lending and reserve drawdown EUR
Belgium 07B 07B - Secondary purchase: government securities EUR
Canada 01 01 - Liquidity Support CAD 261,121,000,000 187,149,973,123
Canada 01A 01A - Short-term lending CAD 261,121,000,000 187,149,973,123 Canada Mortgage ad Housing Corporation. https://www.cmhc-schl.gc.ca/en/finance-and-investing/mortgage-loan-insurance/the-resource/covid19-understanding-mortgage-payment-deferral; Bank of Canada. https://www.bankofcanada.ca/2020/06/bank-canada-announces-changes-term-repo-operations-bankers-acceptance-purchase-facility (all accessed 10 June 2020).

All amounts are peak value since March 4; BoC has not announced limits for any facility. (i) CAD38.766 billion (April 8 peak) - Bankers' Acceptance Purchase Facility (BAPF); (ii) CAD7.549 billion (June 24 peak) [update]: The Provincial Money Market Purchase (PMMP) program is an asset purchase facility that will acquire provincially-issued money market securities through the primary issuance market. This program will support a liquid and well-functioning market for short-term provincial borrowing. Under the PMMP, the Bank will purchase up to 40% of each offering of directly-issued provincial money market securities with terms to maturity of 12 months or less. This includes treasury bills and short-term promissory notes of all Canadian provinces. The 40% limit may be adjusted if market conditions warrant. The Bank will make its first purchases under the PMMP on Wednesday, March 25. This facility, combined with the Bank’s other recent actions, will provide a material amount of support to provincial funding markets; (iii) CAD2.993 billion (April 29 peak): The Commercial Paper Purchase Program (“CPPP” or “the program”) will be structured as a direct purchase program into a separate account held by the Bank of Canada (“BoC” or “the Bank”). The program will purchase CP new issuance in the primary market via dealers and after issuance from eligible counterparties in the secondary market. The program will purchase from eligible issuers up to three-month CAD-denominated CP, including asset-backed CP (“ABCP”). Draws can be rolled during the operation of the program; (iv) CAD211.227 billion (June 10 peak): (CTRF) Term Repo Facility and other term repos. Up to 1 month repos; Standing Liquidity Facility and Standing Term Liquidity Facility; (v) Advances = CAD9.904B (April 15 peak); (vi) No amount/estimate; the Canada Emergency Business Account (CEBA) will provide interest-free loans of up to CAD 40,000 to small businesses and not-for-profits; (vii) Farm Credit Canada will provide an additional CAD5 billion in lending to producers, agribusiness, and food processors; (vii) Canadian Dairy Commission's borrowing limit increased by CAD200 million; (viii) June 3, Effective June 6, the BoC will reduce the frequency of BAPF operations to bi-weekly; (ix) June 3, Effective June 15 the BoC will reduce the frequency of its Term Repo operations from twice to once per week, and the number of maturity points will be reduced from 4 to 2; (ix) Farm Credit Canada was authorized by the government to provide an additional CAD5 billion in lending to producers, agribusiness, and food processors.

Canada 01B 01B - Support policies for short-term lending CAD Bank of Canada. https://www.bankofcanada.ca/2020/04/assets-eligible-collateral-standing-liquidity-facility-090420/; Bank of Canada. https://www.bankofcanada.ca/2020/06/bank-canada-announces-changes-term-repo-operations-bankers-acceptance-purchase-facility/ (all accessed 10 June 2020).

No amount/estimate. (i) Most recent collateral policies, assets aligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF), provides access to liquidity to those institutions that participate directly in the Large Value Transfer System (LVTS).(ii) On April 9, the Bank widened the eligibility requirements of term asset-backed securities accepted as collateral; (iii) April 24, the Bank included term repurchase agreements up to 90 days in its Standing Term Liquidity Facility (STLF); (iii) June 3, eligible securities for collateral in Term Repo operations will be reduced to exclude all large value transaction settlement (LVTS) members' bankers' acceptances or bearer deposit notes (including own name).

Canada 01C 01C - Forex operations CAD
Canada 07 07 - Central bank financing government CAD 184,263,000,000 132,064,504,569
Canada 07A 07A - Direct lending and reserve drawdown CAD
Canada 07B 07B - Secondary purchase: government securities CAD 184,263,000,000 132,064,504,569 Bank of Canada. https://www.bankofcanada.ca/rates/banking-and-financial-statistics/bank-of-canada-assets-and-liabilities-weekly-formerly-b2/ (accessed 10 June 2020).

Government of Canada Bond Purchase Program (GBPP): Purchases will begin with a minimum of CAD5 billion per week across the yield curve. The program will be adjusted as conditions warrant but will continue until the economic recovery is well underway. As of June 24 ,T-bill holdings have increased by CAD99.41 billion, while goverrnment bond holdings have increased by CAD83.573 billion [update]; June 3, Bank of Canada began purchasing Government of Canada Real Return Bonds; as of June 24, the purchased amount is CAD1.28 billion. [update]

Denmark 01 01 - Liquidity Support DKK 2,211,659,372 327,433,628
Denmark 01A 01A - Short-term lending DKK 2,211,659,372 327,433,628 European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_810 (accessed 14 May 2020)

May 5, EUR296 million in investment or working capital loans to startups to be provided only until the end of the year.

Denmark 01B 01B - Support policies for short-term lending DKK IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 April 2020).

(i) March 20, The (Danmarks Nationalbank) DN announced the launch of an ‘extraordinary lending facility’ which will make full-allotment, 1-week, collateralized loans available to banks at -0.5 % interest rate. Starting March 27, this facility will also include 3-month variable rate loans; (ii) March 24, The DN announced the auction of USD liquidity; (iii) the Danish Financial Stability Authority (DFSA) also announced a case by case relaxation of regulation on the LCR requirement.

Denmark 01C 01C - Forex operations DKK IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 May 2020).

Denmark’s krone is pegged to the Euro. The fixed exchange rate policy has served Denmark well. The DN has stated its objective of preserving the peg.

Denmark 07 07 - Central bank financing government DKK
Denmark 07A 07A - Direct lending and reserve drawdown DKK
Denmark 07B 07B - Secondary purchase: government securities DKK
Finland 01 01 - Liquidity Support EUR 2,000,000,000 2,212,389,381
Finland 01A 01A - Short-term lending EUR 2,000,000,000 2,212,389,381 IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 15 April 2020).

March, (i) EUR1 billion of the Bank of Finland's support liquidity by investing in short-term Finnish corporate commercial paper; (ii) EUR1 billion for the State Pension Fund investments in commercial paper.

Finland 01B 01B - Support policies for short-term lending EUR
Finland 01C 01C - Forex operations EUR
Finland 07 07 - Central bank financing government EUR
Finland 07A 07A - Direct lending and reserve drawdown EUR
Finland 07B 07B - Secondary purchase: government securities EUR