Free Trial

Long-dated analysis

BOE APF PURCHASES
  • Decent increase in the offer-to-cover ratio, after last week fell marginally below 2x.
  • Biggest increases in offer were in the 20-year area of the curve (1.25% Oct-41, 4.50% Dec-42, 3.25% Jan-44)
  • Only notable reductions in offers were around the 30-year area of the curve (0.625% Oct-50 and 1.25% Jul-51). But note that these offers have reduced by less than the Bank purchased of these gilts last week.

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.