# Bank of England publishes rules for energy firms’ liquidity tool
Author:  Pal Sinha,Barnali
Author URL: https://economystandard.com/author/pal-sinha-barnali/
Published: 2022-10-17
Category: Headlines
Category URL: https://economystandard.com/category/headlines/
Meta Title: BoE Releases New Energy Firm Liquidity Rules Amid Ukraine Crisis
Meta Description: Learn about the new liquidity tool from the Bank of England to support energy firms in managing gas price volatility. Apply before Jan. 27!
URL: https://economystandard.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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