Bank of England allots record 54.7 billion pounds in short-term repo
Published by Global Banking & Finance Review®
Posted on February 13, 2025
1 min readLast updated: January 26, 2026

Published by Global Banking & Finance Review®
Posted on February 13, 2025
1 min readLast updated: January 26, 2026

The Bank of England allotted a record £54.7 billion in seven-day funds, surpassing last week's record, indicating active financial market management.
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)
The article discusses the Bank of England's record allotment of £54.7 billion in a short-term repo operation.
Why is the Bank of England's repo operation significant? It reflects the central bank's response to current financial market conditions.
What was the previous record? The previous record was £53.4 billion set last week.
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