On 17 October 2008, the National Bank of Poland will enable banks to conclude currency swap transactions under the 'Confidence Package'. In the morning of 17 October, the resolution of the NBP Management Board regarding general conditions related to currency swap transactions will be published in the NBP Official Journal. The schedule of open market and swap operations will also be published in the morning. Beginning 17 October, the National Bank of Poland will be ready to provide liquidity to the market, if necessary. The whole range of instruments will be available in accordance with the declarations presented at the meeting with bank presidents. |