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