MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: BAKER HUGHES US RIG COUNT 589; OIL RIGS 482; GAS RIGS 101

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL JUL INDEX 66.4

EZ/UK Bond Supply Calendar: BoE Short APF Operation on Monday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Focus on QT

GILTS
  • The MNI Policy team published a story yesterday at 17:11BST noting that the Bank of England Executive would consider pushing back the start of active gilt sales which are currently scheduled to begin 31 October. See the full story here.
  • The FT followed up that story 12 hours later at 5:00BST this morning noting that the Bank is "likely to delay the start" of the programme and that "the bank’s top officials have come to this view after judging the gilts market to be “very distressed” in recent weeks, a view backed by its Financial Policy Committee."
  • In yesterday's Gilt Week Ahead (see here) we talked through some of the options that the Bank had for the evolution of its balance sheet. These include skewing the programme towards sales of short and medium dated gilts (rather than long-dated gilts).
  • In the Policy Team's story, they outline that the decision on whether to delay active gilt sales will be made by the Bank's Executive (Bailey, Broadbent, Cunliffe, Ramsden and Woods).
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.