The Bank of England said it forecast ashortage of around 800 mln stg in the money market today.
    Among the main factors affecting liquidity, bills maturing
in official hands and the take-up of treasury bills will drain
around 1.18 billion stg while bankers balances below target
will take out some 20 mln stg.
    Partly offseting these outflows, a fall in note circulation
and exchequer transactions will add some 355 and 55 mln stg to
the system respectively.
 REUTER
