LONDON ((MNI) – The Bank Of England said Wednesday it was offering
an unlimited supply of U.S. dollars in a 7-day operation.
The settlement date on the 7-day op was Mar 1 maturing Mar 7 2012.
The Bank said the repo would be at a fixed-rate, with the rate to be set
at 0.61%.
Additionally, the BOE is offering an unlimited amount of 84-day
dollars at a rate of 0.62%, maturing on May 24.
–London Bureau; Tel: +442076341655; email: ukeditorial@marketnews.com
[TOPICS: M$B$$$,M$$BE$]
