BoE corporate bond purchases off to rapid start

Central bank has already filled more than 10% of quota

The Bank of England in London
The Bank of England

The Bank of England (BoE) has already filled 10% of its quota for corporate bond purchases, despite being only a little more than two weeks into the 18-month programme.

Figures published on October 13 showed the BoE had bought a fraction over £1 billion ($1.2 billion) in corporate bonds since it started purchases on September 27, having held reverse auctions on eight days over the period.

Easing measures unveiled on August 4 included "up to" £10 billion of corporate bond purchases, alongside a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.