4.00% 28 January 2005 Bank of England Euro Notes: Announcement of Auction

The Bank of England announces the auction of €500 million nominal of 4.00% Bank of England Euro Notes for maturity on 28 January 2005.
Published on 12 March 2002

The auction, which will be on a bid-yield basis, will take place on Tuesday, 19 March 2002. The Notes will be fungible with the €1,000 million of Notes sold by auction on 22 January 2002. The Bank of England will add €50 million to holdings of Notes which may be made available for sale and repurchase operations with market makers, bringing the total available for this purpose to €150 million. A copy of the auction notice published by the Bank is attached.

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