Bank of England News Release

NEWS RELEASE - Bank of England Euro Bills, 2 July.

The Bank of England today announced the issue of €900 million nominal of Bank of England Euro Bills, for auction on a bid-yield basis on Tuesday, 9 July 2002, in the following maturities:

€600 million for maturity on 10 October 2002 and

€300 million for maturity on 16 January 2003.

An additional €50 million nominal of six-month Bills, maturing on 16 January 2003, will be allotted directly to the Bank of England. A copy of the auction notice publ