
BoE prepares more market support as cliff edge looms

The Bank of England has broadened its measures to support the functioning of the gilt market, as the cut-off point for its temporary asset purchases looms.
The BoE said today (October 10) it would “stand ready” to buy more than the £5 billion ($5.5 billion) daily ceiling it has set since September 28. Today’s operation was capped at £10 billion, but as on previous days, offers fell significantly short of the maximum, totalling £853 million (see figure 1).
The central bank has also launched 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 print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com