## Dataset overview

## Source details

**Canonical URL:** [Dataset overview](https://www.imf.org/-/media/files/publications/wp/2023/datasets/wp2396-data.xlsx)

## Other formats

- [Markdown version](/-/media/files/publications/wp/2023/datasets/wp2396-data.xlsx.md)
- [Structured JSON version](/-/media/files/publications/wp/2023/datasets/wp2396-data.xlsx.json)

---

### High-level description
- Publication type: dataset (XLSX or CSV)
- Source filename: wp2396-data
- Canonical source URL: https://www.imf.org/-/media/files/publications/wp/2023/datasets/wp2396-data.xlsx
- Dataset purpose (from README): Source: Albrizio, Silvia, Iván Kataryniuk, Luis Molina and Jan Schäfer 2021."ECB Euro Liquidity Lines," IMF Working Paper No. 2023/096
- Data collection note (README): Data are collected based on the ECB press releases.
- README revision note (README): Please note in August 2022 the timeline has been revised substantially in regard some elements of the categorization.

### Worksheets and dimensions
- Worksheet "README": rowCount 1001, columnCount 32
- Worksheet "timeline": rowCount 949, columnCount 32

### Key variables (columns in "timeline")
- country
- Counterpart
- Euro provision
- Reciprocal agreement
- Type of facility
- Publication Day
- Publication Month
- Publication Year
- Expiration Day
- Expiration Month
- Expiration Year
- Maximum Amount
- leg1: maximum lengh of drawings
- leg2: maturity operations with counterparts
- publicly announced
- Link ECB
- Link counterpart
- ECB motivation
- ECB motivation
(Note: column list shown as in the dataset; duplicate "ECB motivation" entries appear in the worksheet columns.)

### Sample entries (preserve values exactly as in dataset sample rows)
- Row sample:
  - "RO", "National Bank of Romania", 1, 0, "repo time extension", 27, 4, 2022, 15, 1, 2023, "EUR 4.5 bn", "3 months", null, "p", Link ECB: "https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220427~d0fa3154e2.en.html", Link counterpart: "https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220427~d0fa3154e2.en.html", ECB motivation: "Objective of these euro liquidity lines is to address possible euro liquidity needs in non-euro area countries in presence of market dysfunctions due to COVID-15"
- Row sample:
  - "PL", "Narodowy Bank Polski", 1, 0, "swap", 28, 3, 2022, 15, 1, 2023, "EUR 10 bn", "3 months", null, "p", Link ECB and counterpart: "https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220328~986539101a.en.html", ECB motivation: "Euro liquidity lines address possible liquidity needs in non-euro area countries given uncertainty from Russian invasion of Ukraine and regional spillover risk, while having full regard to EU sanctions"
- Row sample:
  - "SM", "Central Bank of the Republic of San Marino", 1, 0, "repo time extension", 28, 3, 2022, 15, 1, 2023, "EUR 0.1 bn", "3 months", null, "p", Link ECB and counterpart: "https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220328~986539101a.en.html", ECB motivation repeated as above
- Additional sample rows include entries for "MK" (National Bank of the Republic of North Macedonia, "EUR 0.4 bn"), "HU" (Central Bank of Hungary, "EUR 4 bn"), "AL" (Bank of Albania, "EUR 0.4 bn"), "RS" (National Bank of Serbia, "EUR 1 bn") with publication and expiration date fields such as Publication Day 4, Publication Month 2, Publication Year 2021, Expiration Day 31, Expiration Month 3, Expiration Year 2022 and motivations referencing COVID-13, COVID-14, COVID-15, COVID-16 in the sample rows.

### Notes, definitions, and caveats (from README)
- 1. The timeline does not include information on the Term Auction Facility nor the EUREP.
- 2. Swap time extensions refer to central bank swap lines and domestic CB repo operations against ECB-eligible collateral with domestic financial institutions to redistribute the liquidity.
- 3. The timeline does not include discontinuations of lines or maturities.
- 4. The column "Reciprocal" means that, in at least one of the counterparts´ press releases, there is an explicit reference to the fact that the agreement is reciprocal.
- 5. The column "Euro provision" indicate whether in the press release there is a clear intention of providing euro liquidity (See also ECB Motivation column). Note that, although some agreements might be reciprocal, their actual intention is to provide liquidity in only one currency denomination.
- 6. Publicly announced: "p" indicates lines or changes announced in ECB press releases on the same date the decision was taken, "np" lines or changes announced ex-post or that it is sourced from other ECB documents and not the press releases.
- 7. Federal Reserve(*) indicates operations and agreements in the context of the multi-central bank agreements between Federal Reserve, Bank of Canada, European Central Bank, Bank of England, Bank of Japan, Swiss National Bank.
- 8. Federal Reserve(**) indicates episodes when swap lines also enable central banks of the network of temporary bilateral liquidity swap arrangements to provide liquidity operations, should they be needed, in Japanese yen, British pound sterling sterling, Swiss francs, Canadian dollars, and Euro, in addition to US dollars.
- 9. Sveriges Riksbank (§) indicates that the arrangement was not publicly announced in 2007. The activation of the line was announced in 2009, and the link refers to the activation announcement.

### Practical pointers for users
- Primary sources for each row are ECB press releases (Link ECB) and counterpart links (Link counterpart) provided in the "timeline" worksheet.
- Use the "publicly announced" column to distinguish contemporaneous announcements ("p") from ex-post or other sources ("np").
- Note the dataset-level revision: timeline categorization was substantially revised in August 2022.

*Dataset: wp2396-data (XLSX) — canonical URL: https://www.imf.org/-/media/files/publications/wp/2023/datasets/wp2396-data.xlsx*

---


_Source: https://www.imf.org/-/media/files/publications/wp/2023/datasets/wp2396-data.xlsx_