News Release
UK Government ECU Treasury Bills
01 October 1996
1 The Bank of England today announced the issue by Her Majesty's Treasury of ECU 1,000 million nominal of UK Government ECU Treasury Bills, for tender on a bid-yield basis on Tuesday, 8 October 1996 in the following maturities:|
ECU 200 million for maturity on 14 November 1996
ECU 500 million for maturity on 16 January 1997 and
ECU 300 million for maturity on 10 April 1997.
An additional ECU 50 million nominal of six-month Bills, maturing on 10 April 1997, will be allotted directly to the Bank of England for the account of the Exchange Equalisation Account.
2 Statistics showing turnover of UK Government ECU Treasury Bills by market makers in September 1996 are available from the Bank.
