MAS USD facility, US$60b swap line with Fed to expire on Dec 31

December 24, 2021 11:00 AM

SINGAPORE – The Monetary Authority of Singapore (MAS) said its US dollar (USD) facility, set up during the early months of the Covid-19 pandemic to support US dollar lending to businesses in Singapore and the region, will expire on Dec 31.

Source : https://www.straitstimes.com/business/banking/mas-usd-facility-us60b-swap-line-with-fed-to-expire-on-dec-31