Bank says no bids for its 3-mth cash auction
Story date: 2007-10-02 08:15:00
Added on: 2007-10-02 11:00:20
MSN UK News - ... of England was offering a total of 10 billion pounds for the second week in a row but at a minimum interest rate of 6.75 percent -- a full percentage point above the Bank rate and around 50 basis points above current 3-month interbank lending rates. ...
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