December 21, 2010

FOMC statement: Federal Reserve, European Central Bank, Bank of Japan, Bank of Canada, Bank of England, and Swiss National Bank announce extension of temporary U.S. dollar liquidity swap facilities

For immediate release

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

Bank of England

European Central Bank

Bank of Japan

Swiss National Bank


U.S. Dollar Liquidity Swaps--Frequently Asked Questions

Last Update: December 21, 2010