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Home > Finance > Bank of England allots record 54.7 billion pounds in short-term repo

Finance

Bank of England allots record 54.7 billion pounds in short-term repo

Published by Global Banking and Finance Review

Posted on February 13, 2025

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LONDON (Reuters) - The Bank of England on Thursday allotted a record 54.666 billion pounds ($68.30 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record set last week of 53.417 billion pounds.

($1 = 0.8004 pounds)

(Writing by William Schomberg; editing by David Milliken)

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