These additional operations will be run according to the schedule set out below:
Operation date | Settlement date | Maturity Date |
14 June 2016 | 16 June 2016 | 8 December 2016 |
21 June 2016 | 23 June 2016 | 8 December 2016 |
28 June 2016 | 30 June 2016 | 8 December 2016 |
Other than as amended by this Market Notice, the Terms and Conditions and Operating Procedures for participation in the Bank’s Sterling Monetary Framework will apply to these ILTR operations.
As usual, the Bank will continue to offer liquidity insurance via its other facilities, including running its regular weekly US Dollar repo operations, throughout this period.
The Bank will continue to monitor market conditions carefully and stands ready to take additional action if necessary.