Speaking in Westminster on April 15, Bank of England (BoE) Governor Mark Carney said the Bank had been developing contingency plans for whatever the outcome of the European Union (EU) plebiscite. Part of those actions are the three additional sterling liquidity operations the BoE plans to do weeks ahead of the EU referendum in order to secure steady liquidity during the time of increased uncertainty and possible shocks to financial system. Those additional provisions of sterling are a part of the Bank's regular Indexed Long-Term Repo (ILTR) operations. The BoE will also continue to offer dollar liquidity in the weeks ... (full story)