# Bank of England publishes rules for energy firms’ liquidity tool
Published: 2022-10-17
Category: News
Category URL: https://internationalreleases.com/category/news/
Meta Title: Bank of England Launches New Liquidity Tool for Energy Firms Amid Ukraine Crisis
Meta Description: BoE releases rules for firms to apply for scheme designed to combat price fluctuations. Apply by Jan. 27
URL: https://internationalreleases.com/bank-of-england-publishes-rules-for-energy-firms-liquidity-tool/

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LONDON (Reuters) – The Bank of England published on Monday the rules for energy firms seeking to use a new liquidity tool designed to help them cope with swings in gas prices caused by the war in Ukraine.

The BoE said applications for using the scheme, which launches on Monday, would run until Jan. 27.

($1 = 0.8872 pounds)

(Writing by William Schomberg; editing by William James)


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