The Bank of England is ready to increase the size of its daily purchases of UK government bonds in order to “ensure there is sufficient capacity for gilt purchases” ahead of the £65bn scheme’s ending on Friday.
The BoE intervened in the gilt market last month following pleas from pension funds and the asset management industry to help stabilise the market after UK chancellor Kwasi Kwarteng’s financial statement sent shockwaves through the markets.
It has since carried out eight daily auctions, offering to buy up to £40bn worth of gilts, and has made only £5bn of bond purchases.
您已阅读42%（583字），剩余58%（796字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。