For Central Bank Liquidity Swaps, Which of the Following Is

Multiple Choice

For central bank liquidity swaps, which of the following is NOT true?

A) Central bank liquidity swaps were intended to provide dollar funding to non-U.S.financial institutions during the global financial and economic crisis.
B) In a central bank liquidity swap, the Fed provides dollars to a foreign central bank.
C) Central-bank liquidity swaps failed to effectively address the dollar problems in foreign banking systems during the global financial and economic crisis, so the swap programs were ended in February 2010.
D) Non-U.S.central banks used the dollars they received through central bank liquidity swaps to lend to financial institutions in their countries.