The auction, which will be on a bid-yield basis, will take place on Tuesday, 16 April 2002. The Notes will be fungible with the €1,000 million of Notes sold by auction on 22 January 2002 and the €500 million of Notes sold by Auction on 19 March 2002. The Bank of England will add €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 €200 million.
Press release