MAS, BOJ extend bilateral currency swap arrangement

Monetary Authority of Singapore and Bank of Japan Renew Currency Swap Pact to 2028

The Monetary Authority of Singapore and the Bank of Japan have renewed their Bilateral Local Currency Swap Arrangement for another three years, extending the agreement until November 2028. The arrangement allows the two central banks to exchange local currencies of up to SGD 15 billion or JPY 1.1 trillion. MAS said the facility enables it to provide yen liquidity to eligible Singapore financial institutions, supporting their cross-border funding…

MAS, BOJ extend bilateral currency swap arrangement

The Monetary Authority of Singapore (MAS) today announced the renewal of the Bilateral Local Currency Swap Arrangement with the Bank of Japan (BOJ).