Finance

Bank of England allots record 61 billion pounds in short-term repo

Published by Global Banking and Finance Review

Posted on March 13, 2025

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(Reuters) - The Bank of England on Thursday allotted a record 61.146 billion pounds ($79.18 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record of 58.208 billion pounds set last month.

($1 = 0.7722 pounds)

(Reporting by Andy Bruce; editing by David Milliken)

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