Balances held at the Bank of England by UK commercial banks, utilized for the settlement of interbank transactions through the clearing system.
Understanding the historical context and modern applicability of the Bank Rate, including its impact on financial markets, interest rates, and monetary policy.
An overview of CREST, an electronic share settlement system established by the Bank of England for the securities industry, its history, operations, and significance.
Eligible Paper encompasses Treasury bills, short-dated gilts, and other top-tier securities accepted by banks for rediscounting or as security for loans, reinforcing central banks' roles as lenders of last resort.
Explore the concept of fiduciary issue, its historical context, key events, mathematical models, and its critical role in modern economics and banking systems.
An in-depth look at the Financial Policy Committee, its historical context, key roles, responsibilities, and impact on the financial system.
Comprehensive coverage of the Gilt Repo Market, established by the Bank of England in 1996, and its significance in monetary policy and banking system liquidity.
A comprehensive overview of Gilt Strip, a discount UK government stock issued by the Bank of England since 1996, including its types, importance, and key concepts.
Lombard Street is a historic street in the City of London, known as the traditional centre of the money market. It houses numerous commercial banks, bill brokers, and discount houses, and is located near the Bank of England.
The Minimum Lending Rate (MLR) was the minimum rate at which the Bank of England lent to UK discount houses between 1971 and 1981, serving as a key interest rate benchmark.
An overview of the Monetary Policy Committee (MPC) of the Bank of England, responsible for setting interest rates in the UK since 1997.
A comprehensive overview of the Monetary Policy Committee, its structure, functions, historical context, and significance in shaping economic stability.
An in-depth look at the NIPS CODE, a code of best practice issued by the Bank of England for traders and brokers in the wholesale markets in Non-Investment Products (NIPs). It replaced the former London Code of Conduct in 2001.
The Prudential Regulation Authority (PRA) is a part of the Bank of England responsible for prudential regulation of financial firms, maintaining financial stability by regulating and supervising banks, building societies, credit unions, insurers, and major investment firms.
A scheme introduced by the Bank of England in 2008 to improve the liquidity of the banking system during the financial crisis by allowing banks and building societies to swap high-quality securities for UK Treasury bills.
Threadneedle Street is renowned as the location of the headquarters of the Bank of England, an iconic financial institution in London.
Explore the origins, significance, and functioning of the term 'The Old Lady,' a nickname for the Bank of England, stemming from an 1797 political cartoon.
