Isn't it interesting that reopened swap lines for the euro crisis was announced as only $350 billion yet the Fed reported $1,032 billion has been drawn for an 84 day period this week.
Jim
The latest Federal Reserve Foreign Exchange Swap Agreements
Note the initial $9.2 billion swap conducted on 5-19 with the ECB has matured and was not rolled over. $1,032 billion has been drawn for an 84 day period this week.
Source: newyorkfed.org
