Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Bank of England Commercial Paper Facility Announcement

Don't Miss Out —
Follow us on:

Sept. 28 (Bloomberg) -- Following is a summary of the commercial paper facility announcement from the Bank of England in London:

===============================================================================
Commercial Paper Facility                           28-Sep            27-Sep
===============================================================================
Date of operation                                9/28/2011         9/27/2011
Time for submission of bids              10:00am - 11:00pm 10:00am - 11:00pm
3-month reference rate                               0.52%             0.51%
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                                  9/30/2011         9/29/2011
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                   28-Sep            27-Sep
===============================================================================
Date of operation                                9/28/2011         9/27/2011
Time for submission of offers            10:00am - 11:00pm 10:00am - 11:00pm
1-week  reference rate                               0.57%             0.57%
1-month reference rate                               0.54%             0.53%
3-month reference rate                               0.52%             0.51%
6-month reference rate                               0.48%             0.48%
9-month reference rate                               0.46%             0.46%
Spread over reference rate                          100bps            100bps
Additional fee for secondary facility                25bps             25bps
Settlement Date                                  9/30/2011         9/29/2011
Minimum offer amount                               Stg 1mn           Stg 1mn
Multiples of                                     Stg 0.1mn         Stg 0.1mn
===============================================================================

SOURCE: Bank of England                 

For related news: Money market stories: NI MMK BN <GO> Top economy stories: TOP ECO<GO>

To contact the reporter on this story: Barbara Sladkowska in Warsaw at bsladkowska@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net