BoE Liqudity Round Sees Two-Fold Demand After Brexit Convulsions

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5142
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

BoE Liqudity Round Sees Two-Fold Demand After Brexit Convulsions

Postby kreslik.news » Mon Jun 27, 2016 11:12 am


The aftershocks of last week’s convulsive Brexit vote are still reverberating through the market, which were evident yesterday across a variety of mediums and metrics. This was also reflective in the amount of cash demanded following the Bank of England’s (BoE) inaugural liquidity operation after the vote, having undergone a massive swell, according to a recent Bloomberg report.

The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

In a recent BoE auction of funds in exchange for collateral, UK banks sought £6.3 billion ($8.4 billion), however the BOE had ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”