UK Chancellor Hammond says has authorised GBP 25bln increase in BoE's asset purchase facility to allow increased use of Term Funding Scheme

Analysis details (15:06)

The Term Funding Scheme (TFS) is designed to reinforce the transmission of Bank Rate cuts to those interest rates actually faced by households and businesses by providing term funding to banks at rates close to Bank Rate

20 Nov 2017 - 15:04- ForexEconomic Commentary- Source: Newswires

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