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.