Bank Demand at BOE Liquidity Auction Plunges Before Brexit Vote

  • BOE allots 370 million pounds in second extra ILTR operation
  • Final liquidity operation before Thursday’s EU referendum

The Brexit Debate: What Happens if the U.K. Leaves the EU

Financial institutions’ demand for spare cash dropped at the Bank of England’s second offering of extra liquidity, which was made available to assure sufficient funding around Britain’s referendum on European Union membership.

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