Bank of England Allots Record £143.083 Billion in Weekly Repo
The Bank of England allotted £143.083 billion in seven-day funds in its weekly short-term repo operation, above the previous record of £140.845 billion set last week.
The Bank of England said on Thursday it allocated a record £143.083 billion ($191.80 billion) in seven-day funding through its weekly short-term repo operation. That exceeded the previous record of £140.845 billion, set last week. The central bank is making increasing use of its short-term repo operation…