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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: BOJ, Singapore’s MAS Renew Swap Deal
The Bank of Japan and the Monetary Authority of Singapore have renewed the Bilateral Swap Arrangement (BSA) between the two countries, the Japanese central bank said Friday, adding that the arrangement would help meet possible liquidity needs of both and that its size was unchanged.
Under the terms, Singapore can exchange Singapore dollars for up to USD3 billion or its equivalent in Japanese yen from Japan while Japan can swap Japanese yen up to USD1 billion with Singapore.
"Both authorities agree that the continued bilateral financial cooperation will contribute to financial stability in both countries, and support growing bilateral economic and trade ties," the BOJ said
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.