LONDON (Reuters) – The Bank of England published on Monday the rules for energy firms seeking to use a new liquidity tool designed to help them cope with swings in gas prices caused by the war in Ukraine.
The BoE said applications for using the scheme, which launches on Monday, would run until Jan. 27.
($1 = 0.8872 pounds)
Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!
By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.
(Writing by William Schomberg; editing by William James)