The Bank of England said it had given the money market a further 183 mln stg assistance in the afternoon session. This takes the Banks total help so far today to 561 mln stg and compares with its estimate of a shortage of some 550 mln stg in the system which it earlier revised up from 400 mln. The central bank purchased bank bills outright comprising 80 mln stg in band one at 9-7/8 pct eight mln stg in band two at 9-13/16 pct and 95 mln stg in band three at 9-3/4 pct.
U.K. MONEY MARKET GIVEN FURTHER 183 MLN STG HELP