The
Bank of Israel operates several programs to deal with liquidity difficulties 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.
The
following is a monthly update on the balances in the programs that were put
into operation, as of December 31, 2020:
|
|
Repo
transactions with bonds as collateral
|
Dollar-shekel
swaps
|
Government
bond purchases
|
Corporate
bond purchases
|
Long-term
loans to the banking system for providing credit to small businesses
|
|
Date
announced by the Bank of Israel
|
March
15, 2020
|
March
18, 2020
|
March
23, 2020
October
22, 2020
|
July
6, 2020
|
April
6, 2020
July 6,
2020
October
22, 2020
|
|
Balance
as of:
|
NIS billion
|
$ billion
|
NIS billion
|
NIS billion
|
NIS billion
|
|
March 31, 2020
|
5.5
|
7.5
|
8.5
|
-
|
|
|
April 30, 2020
|
1.8
|
7.5
|
13.2
|
-
|
1.2
|
|
May 31, 2020
|
1.6
|
6.8
|
19.2
|
-
|
4.6
|
|
June 30, 2020
|
1.5
|
4.5
|
23.4
|
-
|
4.6
|
|
July 31, 2020
|
1.5
|
0.0
|
23.9
|
0.6
|
4.6
|
|
August 31, 2020
|
1.5
|
0.0
|
29.9
|
0.9
|
8.7
|
|
September 30, 2020
|
1.5
|
0.0
|
33.6
|
2.1
|
12.2
|
|
October 31, 2020
|
1.5
|
0.0
|
37.0
|
3.1
|
13.8
|
|
November 30, 2020
|
1.5
|
0.0
|
41.6
|
3.5
|
16.3
|
|
December 31, 2020
|
1.5
|
0.0
|
46.2
|
3.5
|
19.6
|