OREANDA-NEWS. The launch of a Bank of England \$2 billion three-year Eurobond attracted orders close to \$3 billion by the time order books closed, lead managers on the deal said on Tuesday.

More than half the investors comprised other central banks, the lead managers said in a statement following the sale of the bond, which pays a coupon of 1.25 percent and matures on March 16 2018.

The sale was part of an annual programme to finance the BoE's foreign currency reserves.

Barclays, JPMorgan, Merrill Lynch and Morgan Stanley were the lead managers.