Finance

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

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(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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