WASHINGTON, Sept 27, 2007 (AFP) - The Federal Reserve added 38 billion dollars in temporary reserves to the US money markets Thursday in four separate operations to ease tight credit conditions.

The Federal Bank of New York added six billion dollars in 14-day repurchase 0agreements, 20 billion dollars in seven-day repurchase agreements, seven billion dollars in four-day repurchase agreements and five billion dollars in one-day repos.

LONDON, Sept 26, 2007 (AFP) - The Bank of England said Wednesday that it received no bids during an auction for 10 billion pounds (20 billion dollars, 14 billion euros) of emergency funds made available amid the global credit squeeze.

The BoE last week pledged to inject liquidity into the three-month interbank money market in the wake of a financial crisis at British lender Northern Rock, which is struggling to borrow money from financial institutions.

FRANKFURT, Sept 26, 2007 (AFP) - The European Central Bank said Wednesday it would inject 50 billion euros (70 billion dollars) into euro money markets via a regular long-term liquidity tender.

The ECB made the cash available for 84 days at a marginal or lowest rate of 4.50 percent and a weighted average rate of 4.63 percent.

Those levels were high compared with the ECB's main interest rate of 4.0 percent and indicated continued tension on eurozone credit markets, especially given the relatively high number of banks that put in bids for the cash, 159.

LONDON, Sept 19, 2007 (AFP) - The Bank of England announced Wednesday that it would inject 10 billion pounds (20 billion dollars, 14.3 billion euros) into longer-term money markets next week amid the ongoing global credit squeeze.

Until now, the British central bank has refrained from pumping cash into the three-month money markets -- unlike the US Federal Reserve and the European Central Bank.

However, analysts said the development was an embarrassing U-turn for Bank of England (BoE) governor Mervyn King.

LONDON, Sept 18, 2007 (AFP) - The Bank of England pumped another 4.4 billion pounds (6.3 billion euros, 8.8 billion dollars) into money markets on Tuesday amid turmoil surrounding troubled British bank Northern Rock.

The BoE is offering cash-strapped financial institutions the extra funds in a bid to deal with short-term liquidity problems sparked by an ongoing global credit squeeze.

The British central bank added in a statement that the cash was in addition to the 4.4 billion pounds pumped into money markets last Thursday.

LONDON, Sept 16, 2007 (AFP) - The Bank of England may have bailed out the crisis-hit bank Northern Rock but it still faces criticism over its largely muted response to the global credit squeeze.

Shares in British bank Northern Rock plunged by almost a third on Friday as clients rushed to withdraw their savings after the home loan provider admitted severe difficulties in raising cash on money markets.

LONDON, Sept 13, 2007 (AFP) - The Bank of England on Thursday injected 4.4 billion pounds (6.4 billion euros, 8.9 billion dollars) into the financial system amid ongoing turmoil in credit markets.

The BoE on Thursday lifted the funds available for banks to borrow to about 23.1 billion pounds, in a bid to bring down short-term borrowing costs -- or overnight lending rates between commercial institutions.

Last week, the BoE had pumped 1.1 billion pounds into money markets in its first intervention since global credit woes emerged in early August.

LONDON, Sept 12, 2007 (AFP) - The Bank of England's governor on Wednesday defended the bank's arms-length approach to the instability sweeping the world's financial markets.

BoE chief Mervyn King added that the ongoing turmoil in global credit markets should not pose any long-term economic problems if it is managed well.

FRANKFURT, Sept 12, 2007 (AFP) - The European Central Bank said Wednesday it was pumping another 75 billion euros (104 billion dollars) into the banking system, in a bid to calm chronic jitters sparked by the US high-risk mortgage market.

In a move aimed at giving euro money markets a bit more air, the ECB said in a statement to the markets that the cash had been made available via an exceptional three-month tender at a marginal or lowest rate of 4.35 percent and a weighted average rate of 4.52 percent.

FRANKFURT, Sept 6, 2007 (AFP) - European Central Bank president Jean-Claude Trichet stressed Thursday that liquidity injections by the ECB to calm nervous banks were completely separate from its monetary policy decisions.

Trichet told media after the ECB announced more infusions of cash into the euro banking system that the bank had to ensure money markets could function correctly, but that it had no bearing on interest rate decisions and the main ECB goal of price stability.

FRANKFURT, Sept 6, 2007 (AFP) - The European Central Bank said Thursday it will inject still more cash into the banking system next week to ensure that fears of a credit drought do not materialise.

The provision of an unspecified amount of liquidity for three months from next Thursday 'aims to support a normalisation of the functioning of the euro money market,' a goal that has eluded several previous attempts by the bank.

WASHINGTON, Sept 6, 2007 (AFP) - The Federal Reserve added 31.25 billion dollars in temporary reserves to the US money markets Thursday in three different operations, the latest move to keep credit markets from drying up.

The New York Fed added 7.0 billion dollars in 14-day repurchase agreements, 16 billion in seven-day repurchase agreements and 8.25 billion in one-day repos.

FRANKFURT, Sept 6, 2007 (AFP) - The European Central Bank pumped fresh cash into the banking sector on Thursday to ease fears of a global credit squeeze, as its directors sat down to decide whether to change eurozone interest rates.

In a 'quick tender' that provided funds to commercial banks for one day, the ECB made 42.24 billion euros (57.4 billion dollars) available at a marginal, or lowest, rate of 4.06 percent and a weighted average rate of 4.13 percent, the bank said.

FRANKFURT, Sept 6, 2007 (AFP) - The European Central Bank said Thursday it had pumped 42.24 billion euros (57.4 billion dollars) into the euro money markets via a one-day tender aimed at quelling persistent volatility.

A total of 42.24 billion euros were made available at a marginal, or lowest, rate of 4.06 percent and a weighted average rate of 4.13 percent, the ECB said in a short statement to the markets.

On Wednesday, the bank had said markets were increasingly volatile and that it was closely monitoring the situation.

FRANKFURT, Sept 6, 2007 (AFP) - The European Central Bank announced Thursday a so-called one-day quick liquidity tender to calm panicky euro money markets.

The ECB had already said on Wednesday that it was ready to counter any volatility in the money markets by making available additional liquidity.

Commercial banks had until 9:35 am (0745 GMT) to submit bids for the extra cash with a minimum refinancing rate set at 4.00 percent, the ECB said in a short statement.

FRANKFURT, Sept 6, 2007 (AFP) - The European Central Bank announced Thursday a so-called quick tender to inject more liquidity into the euro money market.

The ECB had said on Wednesday that it was ready to counter any volatility in the money markets by making available additional liquidity.

Commercial banks had until 9:35 am (0745 GMT) to submit bids for the extra cash with a minimum refinancing rate set at 4.0 percent, the ECB said in a short statement.

LONDON, Sept 5, 2007 (AFP) - The Bank of England said Wednesday it would pump more cash into the financial system amid recent turmoil in global credit markets -- and could inject more liquidity as soon as next week.

The BoE -- widely predicted to freeze Britain's 'repo' or base interest rate at 5.75 percent on Thursday -- said it was trying to bring down overnight borrowing costs.

WASHINGTON, Aug 30, 2007 (AFP) - The US Federal Reserve added an additional 10 billion dollars into the banking system Thursday in the fourth action this week aimed at easing a credit squeeze.

The Fed has injected a total of 147.25 billion dollars into the financial system since August 9 in a bid to boost credit flows which have seized up due to problems linked to the distressed US mortgage market.

The latest action, in two separate injections, was announced by the Federal Reserve Bank of New York, which oversees such operations for the central bank.

WASHINGTON, Aug 29, 2007 (AFP) - The US Federal Reserve pumped 5.25 billion dollars into the banking system Wednesday, the third consecutive daily injection this week aimed at easing a credit squeeze.

The Fed has injected a total of 134.25 billion dollars into the financial system since August 9 in a bid to boost credit flows which have seized up due to problems linked to the distressed US mortgage market.

WASHINGTON, Aug 27, 2007 (AFP) - The US Federal Reserve opened its cash spigot again Monday as it pumped a hefty 9.5 billion dollars into the banking system, which has been strained in recent weeks by a credit squeeze.

The Fed has injected a total of some 130 billion dollars into the financial system since August 9 in a bid to boost credit flows which have evaporated due to the financial storm ravaging the mortgage market.

WASHINGTON, Aug 23, 2007 (AFP) - The US Federal Reserve injected 17.25 billion dollars into the financial system in three actions Thursday, the latest in a series of moves designed to ease a credit squeeze in global markets.

The Federal Reserve Bank of New York, which handles the overnight repurchase agreements for the Fed, announced the actions on its website.

A first injection of seven billion dollars at 8:30 am (1230 GMT) was followed by another of the same amount at 9:40 am and a third of 3.25 billion at 9:55 am.

WASHINGTON, Aug 23, 2007 (AFP) - The US Federal Reserve injected seven billion dollars into the financial system Thursday, the latest in a series of actions designed to ease a credit squeeze in global markets.

The Federal Reserve Bank of New York, which handles the overnight repurchase agreements for the Fed, announced the action on its website.

The latest injection brought the total to 110.25 billion dollars added to money markets in repurchase agreements in the past two weeks.

FRANKFURT, Aug 22, 2007 (AFP) - The European Central Bank on Wednesday said it would lend 40 billion euros (53.9 billion dollars) to banks for three months as part of measures to normalise the money market and signalled it might raise the benchmark interest rate.

'The operation is a technical measure aimed at supporting the normalisation of the functioning of the euro money market,' the ECB said in a statement.

WASHINGTON, Aug 22, 2007 (AFP) - The US Federal Reserve on Wednesday injected two billion dollars temporarily into the financial system to ease a credit crunch that is upsetting global markets.

The Federal Reserve Bank of New York, which handles the overnight repurchase agreements for the Fed, announced the infusion on its website.

The latest injection brought the total to 103.25 billion dollars added to money markets in repurchase agreements in the past two weeks.

LONDON, Aug 21, 2007 (AFP) - The Bank of England said Tuesday it has lent 314 million pounds to commercial banks through a special borrowing facility amid tightened global credit market conditions.

The BoE said in a statement that it had lent the money, equivalent to 461 million euros or 622 million dollars, from its so-called standing lending facility on Monday.

The facility allows banks in urgent need of short-term credit to borrow from the central bank at 6.75 percent -- 100 basis points above the base rate which stands currently at 5.75 percent.

WASHINGTON, Aug 21, 2007 (AFP) - The US Federal Reserve on Tuesday injected 3.75 billion dollars into the distressed financial system, seeking to unblock a credit crunch that has upset markets around the world.

The Federal Reserve Bank of New York, which handles such operations for the Fed, announced the infusion on its website.

TOKYO, Aug 21, 2007 (AFP) - Japan's central bank said Tuesday it would inject 800 billion yen (7.0 billion dollars) into the financial system to ensure there are ample funds amid concerns about tightening global credit.

The Bank of Japan moved to pump extra funds into the money market for a fourth straight working day as part of a concerted global drive by major central banks to calm fears about the fallout from US mortgage problems.

The BoJ's move aims to curb a rise in short-term interest rates caused by increased demand for new funds.

WASHINGTON, Aug 20, 2007 (AFP) - The US Federal Reserve on Monday pumped 3.5 six billion dollars into the distressed financial system.

The Federal Reserve Bank of New York, which handles such operations for the Fed, announced the injection on its website.

The central bank on Friday slashed its discount rate to commercial banks to 5.75 percent from 6.25 percent in a surprise move marking its most decisive action since fears of a global credit crunch swept global markets.

TOKYO, Aug 20, 2007 (AFP) - Japan's central bank said Monday that it would inject 1.0 trillion yen (8.7 billion dollars) into the banking system as part of ongoing efforts to restore calm to financial markets.

The Bank of Japan moved to pump extra funds into the money market for a third straight working day as part of a concerted global drive by major central banks to calm fears about the fallout from US mortgage problems.

WASHINGTON, Aug 17, 2007 (AFP) - The US Federal Reserve on Friday injected six billion dollars into the distressed financial system, the Federal Reserve Bank of New York said.

The New York Fed, which handles such operations for the Fed, made the cash infusion, the bank said on its website.

The central bank earlier Friday cut its discount rate to commercial banks to 5.75 percent from 6.25 percent in a surprise move marking its most decisive action since fears of a global credit crunch swept global markets.

LONDON, Aug 17, 2007 (AFP) - British financial institutions have not asked the Bank of England to pump cash into the money markets, finance minister Alistair Darling said Friday.

'The Bank of England along with all other central banks has made it clear that if it's necessary they can make sums available,' he told Sky News.

'Interestingly, in this country no institution has approached the Bank of England,' added Darling, whose official title is Chancellor of the Exchequer.

'They have, as you know, in America, they have in Europe and Japan.

TOKYO, Aug 17, 2007 (AFP) - Japan's central bank said Friday it would inject emergency funds of 1.2 trillion yen (10.5 billion dollars) into the financial system after fears of a credit squeeze wreaked fresh havoc on global markets.

The Bank of Japan pumped extra funds into the money market for a second day in a row as part of a concerted global effort by major central banks to calm fears about the fallout from US mortgage problems.

TOKYO, Aug 17, 2007 (AFP) - Japan's central bank said Friday it would inject emergency funds of 1.2 trillion yen (10.5 billion dollars) into the financial system after fears of a credit squeeze wreaked fresh havoc on global markets.

The Bank of Japan pumped extra funds into the money market for a second day in a row as part of a concerted global effort by major central banks to calm fears about the fallout from problems in the US mortgage sector.

WASHINGTON, Aug 16, 2007 (AFP) - The Federal Reserve flexed its financial muscle again Thursday, injecting 17 billion dollars into the US banking system to ease a credit crunch triggered by fears over the ailing mortgage market.

The central bank has pumped a total 88 billion dollars into the financial markets in the past week to stop the country's banking system from gumming up.

The Fed injected the 17 billion dollars in two separate operations consisting of an initial tranche of five billion dollars rapidly followed by a much larger infusion of 12 billion dollars.

WASHINGTON, Aug 16, 2007 (AFP) - The Federal Reserve flexed its financial muscle again early Thursday, injecting five billion dollars into the US banking system to ease a credit crunch triggered by fears over the ailing mortgage market.

The central bank has pumped a total 76 billion dollars into the financial markets in the past week to stop the country's banking system from gumming up.

The Fed has been forced to act as banks, mortgage lenders and other financing firms have tightened lending standards amid what some mortgage executives have called a credit crisis.

TOKYO, Aug 16, 2007 (AFP) - The Bank of Japan pumped extra funds into the financial system Thursday for the first time in three days to try to stabilise interest rates as fresh havoc erupted on global financial markets.

The BoJ said it had injected 400 billion yen (3.4 billion dollars) into the money market after draining funds for two straight days.

The Japanese central bank's latest move came as the Tokyo stock market tumbled for a second straight day after another rout overnight on Wall Street, with the Nikkei-225 index going on to finish down almost 2.0 percent.