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U.K. MONEY MARKET GIVEN FURTHER 437 MLN STG HELP |
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The Bank of England said it had provided the |
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money market with a further 437 mln stg assistance in the |
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afternoon session. This brings the Bank's total help so far |
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today to 461 mln stg and compares with its revised shortage |
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forecast of 450 mln stg. |
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The central bank made purchases of bank bills outright |
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comprising 120 mln stg in band one at 10-7/8 pct and 315 mln |
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stg in band two at 10-13/16 pct. |
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In addition, it also bought two mln stg of treasury bills |
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in band two at 10-13/16 pct. |
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