Swap agreement with Federal Reserve extended

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The Riksbank has decided to extend the temporary swap agreement for USD 60 billion entered into with the Federal Reserve Bank of New York in March 2020. Since then, the agreement has been extended once and currently applies up to and including 31 March 2021. It is now being extended for a further six months up to 30 September 2021.

The agreement is part of a larger arrangement between the US central bank and a number of other central banks around the world aimed at improving liquidity conditions on global financial markets.

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