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Interim Reforms to the Bank of England's Operations in the Sterling Money Markets
The Bank of England is today announcing a number of technical changes to its official operations in the sterling money markets.
Published on
11 February 2005
These interim measures are being introduced with the aim of stabilising overnight market interest rates further ahead of the launch of the new fully-reformed framework, as discussed in the second consultative paper on the Bank's reforms published on 25 November 2004.