Text:ECB Extends Swap Facility Agreement With Bank of England

FRANKFURT (MNI) – The following is the text of a European Central
Bank press release, announcing the extension of the swap facility
agreement between it and the Bank of England:

ECB EXTENDS THE SWAP FACILITY AGREEMENT WITH THE BANK OF ENGLAND

The Governing Council of the European Central Bank (ECB) has
decided, in agreement with the Bank of England, to extend the liquidity
swap arrangement with the Bank of England up to 30 September 2013. The
swap facility agreement established on 17 December 2010 had been
authorised until the end of September 2011 and then extended until 28
September 2012.

The related announcement by the Bank of England is available at
their website http://www.bankofengland.co.uk

[TOPICS: MT$$$$,M$X$$$,M$$EC$,M$$CR$,MGX$$$,M$$BE$]