The framework for the Bank's operations in the sterling money markets is set out in the Bank's 'Red Book':
The Red Book is structured in two parts. The first sets out the rationale behind the framework and how it fits together:
The second part explains the elements in operation currently:
The different facilities set out in the second part can also be viewed individually:
The Red Book will periodically be updated to reflect changes to the Bank's operations.
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Full details of the operations undertaken in the Sterling Monetary Framework can be found in the SMF Documentation.