Wed, Jun 23, 2021 @ 11:05 GMT
HomeLive CommentsBoE announces liquidity with BIS to ease any potential future strains

BoE announces liquidity with BIS to ease any potential future strains

BoE announced to enter into a liquidity facility with the Bank for International Settlements to “ensure the provision of Sterling liquidity during any future periods of market stress”.

“Together with the swap lines the BoE has with a number of central banks, this new facility will provide a further liquidity backstop in Sterling to help ease any potential future strains in funding markets,” BoE said.

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