Bank of England lends $15 billion to banks, most since financial crisis

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Bank of England lends $15 billion to banks, most since financial crisis
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Bank borrowed more than $15 billion from the Bank of England's U.S. dollar ...

FILE PHOTO: A bird flies past The Bank of England in the City of London, Britain, December 12, 2017. REUTERS/Clodagh Kilcoyne/File Photo

The BoE said it lent $8.210 billion of seven-day funds in its usual weekly dollar repo operation, and $7.245 billion in a new operation for 84-day funds which forms part of the new liquidity measures announced with other central banks. On Tuesday banks borrowed the largest amount of six-month sterling funds from the Bank of England on Tuesday since the run-up to the 2016 Brexit referendum.

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