Bank of England lends $15 billion to banks, most since financial crisis
Share:
LONDON (Reuters) - Bank borrowed more than $15 billion from the Bank of England's U.S. dollar repo operations on Wednesday, the largest sum since the financial crisis, as the world's central banks work to keep the financial system working during the coronavirus outbreak.The BoE said it lent $8.210 billion of seven-day funds in its usual weekly dollar repo operation, and $7.245 billion in a new operation for 84-day funds which forms part of the new liquidity measures announced with other central..