Back to Headlines Print Version Buzz Up Stumble it Tweet it Facebook LinkedIn

ECB, SNB, Hungary Central Bank, NBP To Continue 1-Week EUR/CHF Swaps

Edited Press Release

BUDAPEST -(Dow Jones)- The Swiss National Bank, the European Central Bank, the Narodowy Bank Polski and the Hungarian central bank, or Magyar Nemzeti Bank will continue one-week EUR/CHF foreign exchange swap operations June 25, 2009, the bank said Thursday.

The Swiss National Bank, the European Central Bank, the Narodowy Bank Polski and the Magyar Nemzeti Bank are jointly announcing that they will continue to conduct the EUR/CHF foreign exchange swaps providing Swiss francs against euro with a term of seven days at least until Oct. 31 2009 to support further improvements in the short-term Swiss franc funding markets.

Further information about the EUR/CHF foreign exchange swaps operations is provided on the respective web site of the participating central bank.

Hungarian central bank Web site: www.mnb.hu

  (END) Dow Jones Newswires
  06-25-091220ET
  Copyright (c) 2009 Dow Jones & Company, Inc.