BOE Revamps Crisis-Era Tools to Help Tame Repo Market Volatility
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The Bank of England is making crisis-era lending facilities more attractive to banks, as officials seek to limit growing turbulence in money markets.The central bank is revamping tools first launchedBloomberg Terminal in 2008 that can help the financial industry’s access to cash or bonds during unexpected shocks. These can be tapped at any time in response to mismatches in money flows, with improved rates aimed at encouraging their use as needed.