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ECB extends the swap facility with the Bank of England

(PresseBox) (Frankfurt am Main, ) 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 2014.

The swap facility has been established on 17 December 2010 as a precautionary measure.

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