LONDON ((MNI) – The Bank Of England said Wednesday it was offering
an unlimited supply of U.S. dollars in both 7-day and 84-day operations.
The settlement date on the 7-day op was July 19 maturing July 26
2012. The Bank said the repo would be at a fixed-rate, with the rate to
be set at 0.67%.
The settlement date on the 84-day op was July 19 maturing October 11
2012. The Bank said the repo would be at a fixed-rate, with the rate to
be set at 0.66%.
–London Bureau; Tel: +442076341655; email: ukeditorial@marketnews.com
[TOPICS: M$B$$$,M$$BE$]