Federal Reserve Extends Swap Agreements

December 21st, 2010
in Background

The Federal Open Market Committee has authorized an extension through August 1, 2011, of its temporary U.S. dollar liquidity swap arrangements with the Bank of Canada, the Bank of England, the European Central Bank, the Bank of Japan, and the Swiss National Bank. The swap arrangements, established in May 2010, had been authorized through January 2011.

Follow up:

Information on the actions that will be taken by other central banks is available at the following websites:

Bank of Canada

Bank of England

European Central Bank

Bank of Japan

Swiss National Bank

source: Federal Reserve

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