Demand for the funding peaked on March 24 at 7.2 billion pounds, when liquidity shortages caused by financial market turmoil related to the coronavirus were at their greatest.
LONDON: The Bank of England said it allotted 930 million pounds ($1.21 billion) to financial institutions in a weekly six-month repo operation on Tuesday, the most since June 23.
Demand for the funding peaked on March 24 at 7.2 billion pounds, when liquidity shortages caused by financial market turmoil related to the coronavirus were at their greatest.
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