| Foreign exchange swaps in CHF/PLN
The Swiss National Bank, the European Central Bank, the Narodowy Bank Polski and the Magyar Nemzeti Bank are announcing that they will continue to conduct the EUR/CHF foreign exchange swaps providing Swiss francs against euro with a term of 7 days at least until 31 October 2009 to support further improvements in the short-term Swiss franc funding markets. Under this arrangement, the Swiss National Bank will provide the Narodowy Bank Polski with Swiss francs against euro, while the NBP will provide Swiss francs to its counterparties against Polish zloty. |