2026-02-19
Added · Updated
The Swiss National Bank has defined the framework for its Extended Liquidity Facility to provide liquidity support to banks domiciled in Switzerland. The standardised process allows participating banks to obtain liquidity against mortgages and securities, with pilot testing scheduled until mid-2026 and full operation beginning in 2027. The SNB has published essential guidelines, instruction sheets, and collateral conditions to prepare eligible counterparties for the facility's implementation.