# Bank of England publishes rules for energy firms’ liquidity tool
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-10-17
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Bank of England launches new liquidity tool for energy firms
Meta Description: Learn how energy firms can use a new liquidity tool to manage gas price volatility amid Ukraine war. Applications open until Jan. 27.
URL: https://financedigest.com/bank-of-england-publishes-rules-for-energy-firms-liquidity-toolhtml

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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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