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Coronavirus (COVID-19)—BoE to discontinue three-month Contingent Term Repo Facility operations

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Published on: 22 May 2020
Published by LNB News

LNB News 22/05/2020

Document Information

Issue Date: 22 May 2020

Published Date: 22 May 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Bank of England (BoE) has announced that, in light of more stable funding market conditions and recent usage patterns, it will discontinue three-month Contingent Term Repo Facility (CTRF) operations at the end of May 2020. The final operation is scheduled to take place on 28 May.

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Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

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