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Snb Defines Framework for Extended Liquidity Facility
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The key values for the new expanded liquidity facility of the Swiss National Bank are now available. This facility is open to all banks in Switzerland and is intended to further strengthen financial stability in the light of the experience gained with Credit Suisse.
The Swiss National Bank (SNB) has further specified the framework conditions for the announced extended liquidity facility (ELF) to support banks based in Switzerland.
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