Bank of England Euro Notes: Announcement of Auction and Publication of Information Memorandum

The Bank of England today announced the auction of €1 billion nominal of Bank of England Euro Notes maturing in 2005.
Published on 15 January 2002

The auction, which will be on a bid-yield basis, will take place on Tuesday 22 January 2002. An additional €100 million of Notes will be allotted directly to the Bank of England, and will be available for sale and repurchase operations with market makers. The Notes will be issued on Monday 28 January 2002, to mature on Friday 28 January 2005. This will be the second issue of Bank of England Euro Notes, following the announcement of 21 March 2000 setting out arrangements for the Bank of England to replace HM Treasury as issuer of Notes denominated in euro. A copy of the auction notice published by the Bank is found in.

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