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Advanced Search About the Fed News & Events Monetary Policy Supervision & Regulation Payment Systems Economic Research Data Consumers & Communities Board of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. Home > News & Events > Press Releases Press Release December 13, 2012 Federal Reserve and other central banks announce an extension of the existing temporary U.S. dollar liquidity swap arrangements through February 1, 2014 For release at 8:30 a.m. EST Share The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing an extension of the existing temporary U.S. dollar liquidity swap arrangements through February 1, 2014. Previously, these swap arrangements had been authorized through February 1, 2013. These central banks are also extending through February 1, 2014 the network of temporary bilateral liquidity swap arrangements that enable the provision of liquidity in each jurisdiction in any of their currencies should market conditions so warrant. The bilateral liquidity swap arrangements had been authorized through February 1, 2013. The Bank of Japan will consider an extension of both sets of swap arrangements at its next Monetary Policy Meeting. Information on the actions taken by other central banks is available at the following websites: Bank of Canada Bank of England Bank of Japan European Central Bank Swiss National Bank For media inquiries, call 202-452-2955. Last Update: December 13, 2012 BOARD OF GOVERNORS of the FEDERAL RESERVE SYSTEM About the Fed News & Events Monetary Policy Supervision & Regulation Payment Systems Economic Research Data Consumers & Communities Financial Stability TOOLS AND INFORMATION STAY CONNECTED Contact Publications Freedom of Information (FOIA) Office of Inspector General Budget & Performance | Audit No FEAR Act Español Website Policies | Privacy Program Accessibility BOARD OF GOVERNORS of the FEDERAL RESERVE SYSTEM 20th Street and Constitution Avenue N.W., Washington, DC 20551