Information Classes
Section Four - Financial Markets
Operations in the Sterling Money Markets
Background information on the Bank's operations in the sterling
money market as published on the Internet, comprising:
- The Framework for the Bank of England's Operations in the Sterling Money Markets
(307k)
- a paper published in January 2008 providing a full description of the Bank's operations to implement monetary policy in the United Kingdom. - Bank of England announcement on reserves
- Documentation for participants (437k)
- setting out the terms which govern participation in the Bank's reserves scheme, open market operations and standing facilities, together with the related operating procedures. - Pro Forma Legal Opinions
- Pro Forma Guarantee
- RTGS Account Mandates
- Application Form for prospective SMF participants
- “Managing
the Central Bank’s Balance Sheet: Where Monetary Policy
meets Financial Stability”
(395k)
– a lecture by PMW Tucker (Executive Director, Markets) 28 July 2004. - List of Reserve Scheme Participants (25k)
- List of Standing Facility Participants Open Market Operations (25k)
- Further operational information for participants including:
- Calendar of operations (23k)
- Reserves guidance (323k)
- Standing Facilities guidance (216k)
- User Guide for Bank of England Tendering System (1.7Mb)
- Calendar of operations
Available: Internet
Free of charge
List of Current
Eligible Securities
Current securities taken in the Bank's
Open Market Operations and for intra-day liquidity in RTGS (Real Time Gross
Settlement).
Available: Internet
Free of charge
Current Markets Codes of Practice
- "Gilt Repo Code
of Guidance " (115k)
- best practice code observed by practitioners and regulators in London repo markets. - "Securities
Borrowing and Lending Code of Guidance"
(113k) - a summary of basic procedures which UK-based participants
in securities borrowing/lending observe as good practice.
- "Issues
of Certificates of Deposit in London"
(105k)
- guidance issued for issues of CDs by authorised institutions in the UK. - "Non-Investment
Products Code"
(171k)
- voluntary code of practice for foreign exchange, bullion and wholesale money markets.
Available: Internet
Free of charge
Sterling Money Markets Liaison Group
Chaired by
the Bank, the Group meets quarterly as a means for the Bank and market
practitioners to maintain regular contact at senior level. Information provided
consists of:
- Description of Function.
- Minutes of
meetings
(those produced in the last twelve months available).
Available: Internet
Free of charge
Securities Lending and Repo Committee
Chaired by the Bank, this Committee provides an opportunity
for practitioners and the authorities to discuss structural
(including legal) developments in London-based securities lending
and repo markets. Information provided consists of:
- Description of Function.
- Minutes of
meetings
(those produced in the last twelve months available). - Annex to Global Master Repurchase Agreement (GMRA).
- An Introduction to Securities Lending
Available: Internet
Free of charge
Foreign Exchange
Joint Standing Committee (FXJSC)
Chaired by the Bank, FXJSC
is a forum for banks and brokers to discuss broad foreign exchange market
issues. Information provided consists of:
- Minutes
of meetings
(those produced in the last twelve months available). - Latest Annual Report
(also produced as an article in the "Quarterly Bulletin"). - Results of the Semi-annual Foreign Exchange Turnover Survey
- last two years available. - The current Non-Investment Products Code (NIPs)
Available: Internet
Free of charge
Bank
of England Foreign Currency Notes
(177k)
Information Memorandum, Procedures Memorandum, Trust Deed and
Pricing Supplement.
Available: Internet
Free of charge
Triennial Survey
of Foreign Exchange and Over-the-Counter (OTC) Derivatives
Survey coordinated by the Bank on a triennial basis which forms
part of a global survey conducted by central banks throughout
the world, co-ordinated by the Bank for International Settlements
(BIS). Latest survey available.
Available: Internet
Free of charge
