The swap line was established in December 2010 to enable the ECB to provide sterling liquidity to its counterparties, and was extended for a further year in each of September 2011 and September 2012. If requested, the Bank of England will provide the ECB with sterling in exchange for euro up to a limit of £10bn.
Published on 16 September 2013
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Minutes of the Wholesale Distribution Steering...
Minutes of the Wholesale Distribution Steering Group - September 2019
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