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Bank Indonesia and MAS extend bilateral financial arrangement to 2027
The arrangement consists of two agreements.
Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) have extended their bilateral financial arrangement for another three years to 1 November 2027.
Under the arrangement, both parties follow two key arrangements which include the Local Currency Bilateral Swap Agreement and the Bilateral Repo Agreement.
The Local Currency Bilateral Swap Agreement allows the two central banks to exchange local currencies of up to $9.5b or IDR100t.
Meanwhile, the Bilateral Repo Agreement is a USD3b agreement that enables repurchase transactions between the central banks to obtain USD cash, using G3 Government Bonds as collateral.
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