BANK OF ENGLAND DOES NOT INTERVENE IN MONEY MARKET

  The Bank of England said it did not
  operate in the money market during the morning.
      Initially, the bank forecast a liqudity shortage of some
  300 mln stg for the market today.
      Overnight interbank sterling traded at the 11-1/4 1/8 pct
  level for most of the morning while period rates have eased on
  the strength of sterling, dealers said. At 1200 gmt, sterling's
  trade-weighted index was up 0.6 at 72.7.
  

