Fed extends nine dollar swap lines to year’s end

Swap lines map
Map of dollar swap lines as of 2015
Bank of England

The Federal Reserve announced on June 16 that it would extend dollar swap arrangements with nine central banks for another three months.

The swap lines, first established as an emergency response to the Covid-19 pandemic in March 2020, will now expire on December 31.

The Federal Open Market Committee authorised $60 billion each in short-term dollar funding for six central banks, in Australia, Brazil, Mexico, Singapore, South Korea and Sweden.

Another three – the National Bank of Denmark

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: