On 24 October 2013, the Bank of England (BoE) announced a number of changes to its approach to providing liquidity insurance to the banking system. The BoE has now issued a Market Notice that provides further details about two of those changes – the launch of new Indexed Long-Term Repo operations and the Contingent Term Repo Facility. All transactions are subject to the BoE’s Sterling Monetary Framework Terms and Conditions.

View Bank of England Market Notice: Indexed long-term repo operations and contingent term repo facility, 16 January 2014