Bank of England to start selling UK government bonds on 1 November

Valeria Martinez
clock • 1 min read

The Bank of England will start selling assets on 1 November as it gets ready to end the quantitative easing programme that saw it accumulate about £850bn in government bonds, it announced in a statement on Tuesday (18 October). The BoE will start selling stock of British government bonds, but will not sell any longer-duration gilts this year. Instead, sales in 2022 will be in short- and medium-maturity sectors, of bonds up to 20 years.  30-year gilts, one of the longest-dated UK government bonds, were at the centre of the recent sell-off and concerns about the pensions industry, which...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login