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  • BoE announces discontinue of 3-month Contingent Term Repo Facility (CTRF) operations at end of May 2020 in light of more stable funding market conditions
Market News
22.05.2020, 10:48

BoE announces discontinue of 3-month Contingent Term Repo Facility (CTRF) operations at end of May 2020 in light of more stable funding market conditions

  • Says that final operation is scheduled to take place on May 28
  • Pledges to continue to offer 1-month CTRF operations on weekly basis at least through June 2020
  • Says CTRF operations can be rapidly reintroduced at any stage if justified by market conditions; BoE stands ready to do so if necessary, and will continue to monitor market conditions closely

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