London, England (BBN) – The Bank of England (BoE) has kept its official bank rate unchanged at 0.5 percent at the monetary policy meeting.

The BoE has extended its bond buying program to a total amount of GBP 175 million in order to maintain optimum liquidity in the market. European Central Bank (ECB) also held rates at record low of 1 percent.

BBN/SS/SI/AD-07Augudt09-10:13 pm (BST)