| [27-04-2009] Foreign exchange swaps in CHF/PLN
„The SNB, the ECB, the NBP and the MNB are announcing that they will continue these one-week EUR/CHF foreign exchange swap operations at least until the end of July 2009 to support further improvements in the short-term Swiss franc funding markets. The interest rates used to calculate the fixed swap points will be aligned closer with market interest rates.”
Under this arrangement, the SNB will provide the NBP with Swiss francs against euro, while the NBP will provide the Swiss francs to its counterparties against Polish zloty. |