Finance
Bank of England allots record 87.15 billion pounds in short-term repo
Published by Global Banking and Finance Review
Posted on September 25, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 25, 2025
1 min readLast updated: January 21, 2026
The Bank of England has set a new record by allocating £87.15 billion in its short-term repo operation, surpassing previous records to provide banks with reserves.
LONDON (Reuters) -The Bank of England on Thursday allotted a record 87.149 billion pounds ($117.19 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record of 83.085 billion pounds set two weeks ago.
The central bank is using increasingly its short-term repo operations as a way to provide banks with reserves as it runs down its stockpile of government bonds bought under its quantitative easing programme.
($1 = 0.7437 pounds)
(Writing by William Schomberg, Editing by Paul Sandle)
The Bank of England allotted a record 87.149 billion pounds ($117.19 billion) in its weekly short-term repo operation.
The central bank is increasingly using short-term repo operations to provide banks with reserves as it runs down its stockpile of government bonds bought under its quantitative easing program.
The amount allotted is higher than the previous record, indicating a significant increase in the central bank's efforts to manage liquidity in the banking system.
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