The Bank will continue its weekly tenders of US dollar funding at fixed interest rates each Wednesday until further notice, with counterparties able to borrow unlimited amounts against eligible collateral. The Bank will keep the necessity, frequency and maturity of its US dollar repo operations under review, in light of market conditions.
Published on 29 June 2011
// News // Monetary Policy Committee (MPC)
Bank Rate maintained at 0.75% - September...
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// News // News release