Friday, March 06, 2009
Interest Rate Announcements
05 March 2009
Bank of England Reduces Bank Rate by 0.5 Percentage Points to 0.5% and Announces £75 Billion Asset Purchase Programme
The Bank of England’s Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves by 0.5 percentage points to 0.5%, and to undertake a programme of asset purchases of £75 billion financed by the issuance of central bank reserves.
Bank of England Reduces Bank Rate by 0.5 Percentage Points to 0.5%
DATED: 06.03.09
FEED: BoE
Bank of England Reduces Bank Rate by 0.5 Percentage Points to 0.5% and Announces £75 Billion Asset Purchase Programme
The Bank of England’s Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves by 0.5 percentage points to 0.5%, and to undertake a programme of asset purchases of £75 billion financed by the issuance of central bank reserves.
Bank of England Reduces Bank Rate by 0.5 Percentage Points to 0.5%
DATED: 06.03.09
FEED: BoE
