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Bank of England publishes rules for energy firms’ liquidity tool
Bank of England publishes rules for energy firms’ liquidity tool
Published by Uma Rajagopal
Posted on October 17, 2022

Published by Uma Rajagopal
Posted on October 17, 2022

LONDON (Reuters) – The Bank of England published on Monday the rules for energy firms seeking to use a new liquidity tool designed to help them cope with swings in gas prices caused by the war in Ukraine.
The BoE said applications for using the scheme, which launches on Monday, would run until Jan. 27.
($1 = 0.8872 pounds)
(Writing by William Schomberg; editing by William James)
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