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News Release
2.75% 28 January 2002 UK Government Euro Treasury Notes: Announcement of Auction

13 July 1999

The Bank of England announces the auction of e500 million nominal of 2.75% UK Government Euro Treasury Notes for maturity on 28 January 2002. The auction, which will be on a bid-yield basis, will take place on Tuesday, 20 July 1999. The Notes will be fungible with the h500 million of Notes sold by auction on 19 January 1999 and the h500 million of Notes sold by auction on 20 April 1999. The Bank of England will add h50 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 h150 million. A copy of the auction notice published by the Bank is attached.

Key Resources

Auction Notice
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