BoE responds to Treasury Committee on expanded emergency bond buying

Deputy governor explains why additional purchases in index-linked gilts were necessary

Jonathan Stapleton
clock • 3 min read
BoE deputy governor Sir Jon Cunliffe
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BoE deputy governor Sir Jon Cunliffe

The Bank of England (BoE) has responded to a Treasury Committee letter asking why it expanded its bond market operation to include index-linked gilts.

In a letter to BoE deputy governor Sir Jon Cunliffe on 11 October, Treasury Committee chair Mel Stride asked how the bank judged it necessary to expand its intervention in gilt markets. Last Mon...

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