1 Within the above mentioned co-ordinated action of five central banks the BoE gave notice in mid-December 2007 that it has expanded the amount of reserves offered at the 3-month maturity longer-term repo open market operations (OMO) on 18 December and 15 January and, more importantly, that it has widened the range of collateral accepted for these additional funds.
Again within another co-ordinated action of the five central banks, the BoE announced on 11 March 2008 a continuation of its expanded 3-month OMO against the wider range of collateral.