Confirmation of weekly frequency for Indexed Long-Term Repo Operations - Market Notice 16 October 2024

In line with the Bank’s transition to a repo-led, demand driven operational framework for providing reserves, which Indexed Long-Term Repo operations are central to, this Market Notice confirms that these operations will continue to be offered weekly on a permanent basis. There will be an accompanying change to the maturity date structure of Indexed Long-Term Repo operations to ensure alignment with their weekly frequency.