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Bank of England names bookrunners for dollar bond sale

LONDON, Feb 9 (Reuters) - The Bank of England named RBC Capital Markets, BMO Capital Markets, HSBC and Morgan Stanley on Monday as joint lead managers for an upcoming sale of a three-year U.S. dollar bond.

"The operation will be a benchmark 3-year U.S. dollar bond, and the Bank expects to execute this transaction in the near future, subject to market conditions," the BoE said in a market notice.

The BoE uses bond sales as a way to raise foreign currency reserves and said in September that it would shift to targeting two benchmark issuances each year to gradually expand the size of the programme.

 (Reporting by David Milliken; editing by William James)

 ((david.milliken@thomsonreuters.com; +44 20 7513 4034;))

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