ECB opens €10 billion swap line with National Bank of Poland

Central bank extends repo lines with non-eurozone counterparts until January 2023


The European Central Bank approved a new €10 billion ($11.1 billion) swap line with the National Bank of Poland (NBP) on March 28.

Additionally, the ECB extended temporary repo lines with a group of non-eurozone central banks, which requested the extension of lines scheduled to expire at the end of this month. This group includes the central banks of Hungary, Albania, North Macedonia and San Marino.

The lines were first approved in 2020 to address euro liquidity shortages in the volatile

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