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Reform of the Bank of England's Operations in the Sterling Money Markets
The Bank of England has today published a second consultative paper on the reform of its operations in the sterling money markets. The paper sets out the Bank's detailed proposals for the new framework.
Published on
25 November 2004
The Bank is seeking responses by 7 January 2005. In the light of comments received, the Bank will in due course issue a further paper describing the reformed framework and setting out a timetable for implementation.
Press release