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.
Following
is a monthly update on the balances in the programs that were put into
operation, as of July 31, 2020:
|
|
Repo
transactions with bonds as collateral
|
Dollar-shekel
swaps
|
Government
bond purchases
|
Corporate
bond purchases
|
|
Date
announced by the Bank of Israel
|
March
15, 2020
|
March
18, 2020
|
March
23, 2020
|
July
6, 2020
|
|
Balance
as of:
|
NIS billion
|
$ billion
|
NIS billion
|
NIS billion
|
|
March 31, 2020
|
5.5
|
7.5
|
8.5
|
-
|
|
April 30, 2020
|
1.8
|
7.5
|
13.2
|
-
|
|
May 31, 2020
|
1.6
|
6.8
|
19.2
|
-
|
|
June 30, 2020
|
1.5
|
4.5
|
23.4
|
-
|
|
July 31, 2020
|
1.5
|
0.0
|
23.9
|
0.6
|