Bank of England Commercial Paper Facility Announcement
By Mark Evans -
2011-10-21T09:01:22Z
Following is a summary of the commercial paper facility announcement from the Bank of England in London:
=============================================================================== Commercial Paper Facility 21-Oct 20-Oct =============================================================================== Date of operation 10/21/2011 10/20/2011 Time for submission of bids 10:00am - 11:00pm 10:00am - 11:00pm 3-month reference rate 0.53% 0.53% Spread over reference rate by credit rating: A1/P1/F1 and above 75bps 75bps A2/P2/F2 125bps 125bps A3/P3/F3 300bps 300bps Additional fee for secondary facility 25bps 25bps Settlement Date 10/25/2011 10/24/2011 Minimum offer amount Stg 1mn Stg 1mn Multiples of Stg 0.1mn Stg 0.1mn Page forward for Secured Commercial Paper Facility =============================================================================== Secured Commercial Paper Facility 21-Oct 20-Oct =============================================================================== Date of operation 10/21/2011 10/20/2011 Time for submission of offers 10:00am - 11:00pm 10:00am - 11:00pm 1-week reference rate 0.53% 0.53% 1-month reference rate 0.53% 0.52% 3-month reference rate 0.53% 0.53% 6-month reference rate 0.52% 0.52% 9-month reference rate 0.51% 0.50% Spread over reference rate 100bps 100bps Additional fee for secondary facility 25bps 25bps Settlement Date 10/25/2011 10/24/2011 Minimum offer amount Stg 1mn Stg 1mn Multiples of Stg 0.1mn Stg 0.1mn =============================================================================== SOURCE: Bank of England
To contact the reporter on this story: Mark Evansin London at mevans8@bloomberg.net
To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.