Tag: #FX swap
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BSP reviews FX swap lines amid LIBOR transition and replacement
The Bangko Sentral ng Pilipinas (BSP) is currently reviewing its foreign exchange (FX) swap facility in light of the London Inter-Bank Offered Rate (LIBOR) transition and replacement by end-2021 as benchmark reference rate.
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Outstanding BSP FX swaps at $4 B
The Bangko Sentral ng Pilipinas’ (BSP) foreign exchange (FX) swaps totalled $4.16 billion in September, keeping a steady position from $4.49 billion in August.