(UK) BOE ALLOCATES £13.71B IN WEEKLY REPO OPERATION; RECEIVED £50.04B IN TOTAL BIDS
The market seemed to wait for this repo data today and once it received the data it ran quite fast. The repos represent adding liquidity to the system vs reverse repos which pull liquidity out of the system.
Does anyone know where to find a schedule for repos or a head's up prior to their release? If I had been in the market ahead of this release I would either be laughing frantically or fairly upset.
The market seemed to wait for this repo data today and once it received the data it ran quite fast. The repos represent adding liquidity to the system vs reverse repos which pull liquidity out of the system.
Does anyone know where to find a schedule for repos or a head's up prior to their release? If I had been in the market ahead of this release I would either be laughing frantically or fairly upset.
It really is that easy.