Amadeusz Juskowiak

Uk money market receives 37 mln stg assistance

The Bank of England said it had provided the money market with 37 mln stg assistance in the morning session This compares with the Banks downward revised estimate of the shortfall in the system today of around 700 mln stg

The central bank purchased bank bills outright comprising four mln stg in band one at 1078 pct and 33 mln stg in band two at 101316 pct