Bank of England expands bond market intervention in effort to quell volatility

Vuk Valcic | SOPA Images | LightRocket | Getty Imageson Tuesday announced an expansion of its emergency bond buying operation as it looks to restore order to the country's chaotic bond market.

"The Bank is announcing today that it will widen the scope of its daily gilt purchase operations also to include purchases of index-linked gilts," the central bank said in a statement Tuesday. "This enhancement to our operations will be in effect from 11 October 2022 until 14 October 2022 alongside the Bank's existing daily conventional gilt purchase auctions."

Index-linked gilts are bonds where payouts to bondholders are benchmarked in line with the U.K. retail price index.increased the limit for its daily purchasesThe Bank launched its emergency intervention on Sep. 28 after an unprecedented sell-off in long-dated U.K. government bonds — known as "gilts" — threatened to

Inflation:

boe do you know what exchange ratio is?

volatility quellloooorrrr

No alternative

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Bank of England is still trying to put out the fire Liz Truss started | CNN BusinessThe Bank of England announced Monday that it would provide extra support to UK markets, beefing up its efforts to ensure financial stability after the government's plan to slash taxes while boosting borrowing stoked panic. Say her name ; MahsaAmini مهسا_امينی What about Iran? نيكا_شاكرمي حديث_نجفي سارینا_اسماعیل_زاده LaMonicaBuzz with what? monopoly money? LaMonicaBuzz Hahahahah brrrrrre
Source: cnni - 🏆 326. / 59 Read more »