Finance
Bank of England lends 62.509 billion pounds at short-term repo, new record
Bank of England lends 62.509 billion pounds at short-term repo, new record
Published by Global Banking and Finance Review
Posted on March 20, 2025
Published by Global Banking and Finance Review
Posted on March 20, 2025
(Reuters) - The Bank of England on Thursday allotted a record 62.509 billion pounds ($80.94 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record of 61.146 billion pounds set last week.
($1 = 0.7723 pounds)
(Reporting by Andy Bruce; editing by Suban Abdulla)
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