News in Systemic Risk: Monday, August 23, 2021 (10 a.m. ET) August 23, 2021 Effects of the Central Bank Liquidity Swap on Korean FX Markets - The Case during the COVID-19 Crisis (Youngjin Yun; Bank of Korea) Corporate stress and bank nonperforming loans: Evidence from Pakistan (Ali M. Choudhary, Anil K. Jain; Federal Reserve Board of Governors) IMF Managing Director Announces the US$650 billion SDR Allocation Comes into Effect (International Monetary Fund) PBC, NDRC, MOF, CBIRC, CSRC and SAFE Jointly Issue Guiding Opinions on Advancing the Reform, Opening-Up and High-Quality Development of the Corporate Credit Bond Market (The People's Bank of China) New Appetite for Mortgage Bonds That Sidestep Fannie and Freddie (Ben Eisen; Wall Street Journal) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million
