A group of Nordic central banks reached an agreement on November 12, setting basic principles for mutual currency swap facilities.

Sveriges Riksbank, Norges Bank and the National Bank of Denmark announced that their agreement came into force on the same day.  

The agreement also concludes a bilateral currency swap deal between Norges Bank and the Riksbank, and another between the National Bank of Denmark and Norges Bank. The Danish and Swedish central banks still are negotiating the details of