The auction, which will be on a bid-yield basis, will take place on Tuesday, 18 July 2000. The Notes will be fungible with the Euro500 million of Notes sold by auction on 18 January 2000 and with the Euro500 million of Notes sold by auction on 18 April 2000. The Bank of England will add Euro50 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 Euro150 million.
Published on
11 July 2000