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Unwind of financial stability gilt purchases – Market Notice 23 November 2022
This Market Notice sets out operational arrangements that the Bank of England (the Bank) intends to apply to sales of index-linked and long-dated conventional UK government bonds (gilts) that were purchased between 28 September and 14 October 2022 on a temporary and targeted basis, in line with its financial stability objective (the financial stability gilt portfolio). As set out in the News release published on 10 November 2022, and consistent with the objectives of the gilt market operations announced on 28 September 2022, the Bank intends to unwind this portfolio in a way that is timely but orderly. As previously ... (full story)