GBAF Logo
Finance

Bank of England allots record 75.65 billion pounds at short-term repo operation

Published by Global Banking & Finance Review

Posted on August 28, 2025

1 min read

· Last updated: January 22, 2026

Add as preferred source on Google
Bank of England allots record 75.65 billion pounds at short-term repo operation
monetary policy financial markets
Global Banking & Finance Awards 2026 — Call for Entries

Bank of England Allocates Record £75.65 Billion in Repo Operation

LONDON (Reuters) -The Bank of England on Thursday allotted a record 75.652 billion pounds ($102.20 billion) in seven-day funds in its weekly short-term repo operation, higher than a previous record of 74.225 billion pounds set in July.

The BoE has increasingly used its short-term repo operations as a way to provide banks with reserves as it runs down the stockpile of government bonds which it bought under its quantitative easing programme.

($1 = 0.7402 pounds)

(Writing by William Schomberg; editing by David Milliken)

Key Takeaways

  • Bank of England allocated a record £75.65 billion in repo operation.
  • This surpasses the previous record of £74.225 billion set in July.
  • Repo operations provide banks with necessary reserves.
  • The move is part of running down government bond stockpiles.
  • Quantitative easing program influences these financial strategies.

Frequently Asked Questions

What amount did the Bank of England allot in its repo operation?
The Bank of England allotted a record 75.652 billion pounds ($102.20 billion) in its weekly short-term repo operation.
Why is the Bank of England using short-term repo operations?
The BoE has increasingly used its short-term repo operations to provide banks with reserves as it runs down the stockpile of government bonds.
What is the significance of the 75.652 billion pounds allotment?
This allotment is higher than a previous record, reflecting the Bank's strategy to manage liquidity in the financial system.

Tags

Related Articles

Image for Irish consumer sentiment hits fresh 3-year low in April

Irish consumer sentiment hits fresh 3-year low in April

Image for UK budget rules should seek to lower debt, parliament committee says

UK budget rules should seek to lower debt, parliament committee says

Image for Easter discounts lower UK shop price inflation in April, BRC survey shows

Easter discounts lower UK shop price inflation in April, BRC survey shows

Image for Eni-Repsol joint venture seeking to increase gas output at Venezuela's Cardon IV

Eni-Repsol joint venture seeking to increase gas output at Venezuela's Cardon IV

Image for Trading Day: Tech in a world of its own

Trading Day: Tech in a world of its own

Image for Berlin could kick off sale of energy firm Uniper by summer, sources say

Berlin could kick off sale of energy firm Uniper by summer, sources say

More from Finance

Explore more articles in the Finance category

Image for KKR, Macquarie in Italy-backed talks over telecoms network commercial deal, sources say
KKR, Macquarie in Italy-backed talks over telecoms network commercial deal, sources say
Image for Austria ruling parties' outline budget deal includes higher corporate tax
Austria ruling parties' outline budget deal includes higher corporate tax
Image for Oil prices hit two-week high as Iran talks stall and Strait of Hormuz shipments lag
Oil prices hit two-week high as Iran talks stall and Strait of Hormuz shipments lag
Image for UK's car finance redress scheme faces legal challenge from consumer group
UK's car finance redress scheme faces legal challenge from consumer group
Image for UK public inflation expectations retrace in April, Citi/YouGov survey shows
UK public inflation expectations retrace in April, Citi/YouGov survey shows
Image for Accenture to roll out Copilot to all 743,000 employees in boost for Microsoft
Accenture to roll out Copilot to all 743,000 employees in boost for Microsoft
Image for Energy prices drag German consumer sentiment to three-year low, finds survey
Energy prices drag German consumer sentiment to three-year low, finds survey
Image for UK-based AI startup Ineffable raises $1.1 billion in Europe's largest seed financing
UK-based AI startup Ineffable raises $1.1 billion in Europe's largest seed financing
Image for Deutsche Boerse posts 11% rise in Q1 profit, as expected; sticks to guidance
Deutsche Boerse posts 11% rise in Q1 profit, as expected; sticks to guidance
Image for EU prosecutors investigate suspected COVID procurement fraud in Romania
EU prosecutors investigate suspected COVID procurement fraud in Romania
Image for Google gets pointers from EU regulators on helping AI rivals access services
Google gets pointers from EU regulators on helping AI rivals access services
Image for Entries Open: Investment Banking Head of the Year / Best Investment Banking Head 2026
Entries Open: Investment Banking Head of the Year / Best Investment Banking Head 2026
View All Finance Posts