DMO creates additional stock under Standing Repo Facility
12 November 2026 UK
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The UK Debt Management Office (DMO) has created additional stock under its Standing Repo Facility, effective from 5 November 2026.
According to the DMO, the additional stock has been created for Standing Repo purposes in line with the terms of the facility.
Under the operation, the DMO has been given general collateral at the Bank of England's Official Bank Rate of 4.00 per cent against stock lent at 3.25 per cent through the facility.
The DMO says it intends to cancel any additional stock created under the operation once it is returned, although it will make a further announcement where relevant.
The agency also notes that where gilts have been created temporarily under the facility, providers of gilt indices may wish to consider those amounts ineligible for inclusion in the calculation of their indices.
According to the DMO, the amount in issue following the cancellation of any temporary stock will remain unchanged.
According to the DMO, the additional stock has been created for Standing Repo purposes in line with the terms of the facility.
Under the operation, the DMO has been given general collateral at the Bank of England's Official Bank Rate of 4.00 per cent against stock lent at 3.25 per cent through the facility.
The DMO says it intends to cancel any additional stock created under the operation once it is returned, although it will make a further announcement where relevant.
The agency also notes that where gilts have been created temporarily under the facility, providers of gilt indices may wish to consider those amounts ineligible for inclusion in the calculation of their indices.
According to the DMO, the amount in issue following the cancellation of any temporary stock will remain unchanged.
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