News Release
4¼% 29 January 2001 UK Government Euro Treasury Notes: Announcement of Tender
13 October 1998
The Bank of England announces the tender of Euro 500 million nominal of 4.25% UK Government Euro Treasury Notes for maturity on 29 January 2001. The tender, which will be on a bid-yield basis, will take place on Tuesday, 20 October 1998. The Notes will be fungible with the Euro 500 million of Notes sold by tender on 20 January 1998, the Euro 500 million of Notes sold by tender on 21 April 1998 and the Euro 500 million of Notes sold by tender on 21 July 1998. The Bank of England will add Euro 50 million to the Exchange Equalisation Account's holdings of Notes which may be made available for sale and repurchase operations with market makers, bringing the total available for this purpose to Euro 200 million. A copy of the tender notice published by the Bank is attached.
