Bank's extra cash to stay in system until April

The Bank of England said on Thursday 20 March that it would carry over the emergency £5 billion ($10 billion) injection made on Monday until just before its next rate-setting meeting.

The Bank said: "The £5 billion of additional reserves supplied in the exceptional fine-tuning OMO [open market operation] on 17 March will be re-offered in today's weekly OMO, and in weekly OMOs for the remainder of the current maintenance period." The Bank's maintenance periods end on the Wednesday before its