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U.K. MONEY MARKET GIVEN FURTHER 191 MLN STG HELP
The Bank of England said it gave the
money market a further 191 mln stg assistance in the afternoon
session. This takes the Bank's total help so far today to 372
mln stg and compares with its upwards revised estimate of the
shortage in the system of around 400 mln stg.
The central bank bought bank bills outright comprising 15
mln stg in band one at 9-7/8 pct and 176 mln stg in band two at
9-13/16 pct.