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The BoE’s CNRF will lend to participating insurance companies, pension schemes and LDI funds during episodes of severe gilt market dysfunction
The Bank of England (BoE) has opened its contingent non-bank financial institution repo facility (CNRF) for applications.
The central bank said the new facility – which will only be activated during episodes of "severe gilt market dysfunction" – will lend to participating insurance companies, pension schemes and liabi...
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