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The bank's Special Liquidity Scheme includes steps similar to those taken by the Federal Reserve.
3pm BST: Bank of England extends its special liquidity scheme, after pressure from banks.
He also said that the Bank has no intention of extending the special liquidity scheme.
Abuse of liquidity scheme This involved cutting the fees paid to the Bank of England for the special liquidity scheme (SLS), which pumped money into the financial markets when the crisis was at its deepest.
An earlier scheme to help banks raise funds was known as the special liquidity scheme and is due to expire at the end of January 2012.
· The Bank of England announced that it was extending its special liquidity scheme, which is intended to ease pressures on banks, until the end of January.
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"We think that the current liquidity schemes will be extended in the UK to help ease the first quarter funding burden," the Credit Suisse analysts said.
Mortgage lenders too are exercising restraint, helped by various government liquidity schemes and support for mortgage payers who have payment difficulties for more than three months.
For example, we believe the government and Bank of England should implement the lending and liquidity schemes recently announced at the Mansion House swiftly.
"We think that the current liquidity schemes will be extended in the UK to help ease the first quarter funding burden," they said.
On the subject of what Lloyds Action Now describes as "secret loans" Lloyds said it had provided "thorough and appropriate information to shareholders about our liquidity position and that of HBOS including the general use of government-backed liquidity schemes".
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