WASHINGTON (MNI) – The following announcement was issued Tuesday
morning by the Federal Reserve and the other central banks involved in
the liquidity swaps extensions:
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.
Information on the actions that will be taken by other central
banks is available at the following websites:
Bank of Canada: http://www.bank-banque-canada.ca/en/index.html
Bank of England: http://www.bankofengland.co.uk/index.htm
European Central Bank: http://www.ecb.int/home/html/index.en.html
Bank of Japan: http://www.boj.or.jp/en/
Swiss National Bank: http://www.snb.ch/
** Market News International Washington Bureau: 202-371-2121 **
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