Lender of Last Resort

G30 proposes LoLR, discount window reforms to avoid fire sale risk

Fed blog: Which Dealers Borrowed from the Fed’s Lender-of-Last-Resort Facilities?

The Bank of England explicitly includes CCPs for LOLR access. It is good policy.

The FSOC 2013 Annual Report: taking a look at “Fire Sale and Risk Run Vulnerabilities”

Comments on the Fed's Jeremy Stein on the Liquidity Coverage Ratio and Lender of Last Resort: a fascinating speech (Finadium subscribers only)

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