The auction, which will be on a bid-yield basis, will take place on Tuesday, 16 October 2001. The Notes will be fungible with the Euro 500 million of Notes sold by auction on 16 January 2001, the Euro 500 million of Notes sold by auction on 17 April 2001 and the Euro 500 million of Notes sold by auction on 17 July 2001. The Bank of England will add Euro 50 million to its 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 auction notice published by the Bank is attached.
Published on
09 October 2001
Press release