BoE starts sales of bonds bought during emergency gilt market operation

Selling long-maturity and index-linked gilts based on market demands

Valeria Martinez
clock • 1 min read
BoE starts sales of bonds bought during emergency gilt market operation

The Bank of England (BoE) will start selling the government bonds it purchased in the aftermath of the UK market chaos caused by the Mini Budget from today (29 November).

Unlike prior gilt sale operations where there is a fixed amount to be raised, the BoE will sell long-maturity and index-linked gilts based on market demand to avoid hurting markets.  The tempora...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

News Digest: Pension perks replace PMI as most sought after workplace benefit

News Digest: Pension perks replace PMI as most sought after workplace benefit

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 08 January 2025 • 1 min read
L&G passes through integration testing with PDP

L&G passes through integration testing with PDP

‘First major pension provider’ to successfully pass through integration

Holly Roach
clock 07 January 2025 • 1 min read
Broadstone partners with PE firm on strategic growth agreement

Broadstone partners with PE firm on strategic growth agreement

Consultancy signs strategic growth investment agreement with private equity firm

Jasmine Urquhart
clock 07 January 2025 • 1 min read
Trustpilot