WASHINGTON (MNI) – The following is an announcement by the Federal
Reserve Wednesday:
The Bank of Canada, the Bank of England, the European Central Bank,
the Federal Reserve, and the Swiss National Bank today announced an
extension of the existing temporary U.S. dollar liquidity swap
arrangements through August 1, 2012. The Bank of Japan will consider the
extension at its next Monetary Policy Meeting. The swap arrangements,
established in May 2010, had been authorized through August 1, 2011.
** Market News International Washington Bureau: 202-371-2121 **
[TOPICS: M$U$$$,MMUFE$,MGU$$$,MFU$$$,MT$$$$]