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The BOE have announced that new QE purchases....>

BOE
BOE: The BOE have announced that new QE purchases will begin tomorrow with
GBP5.1bln spread evenly between short, medium and longs. Results will be at
12:45GMT (short), 13:45 (medium), 14:45 (long) (i.e. GBP1.7bln in each bucket).
- The BOE has redefined mediums as 7-20 years for the purposes of these
operations (rather than 7-15 years)
- Going forward the following week's operations will be announced at midday GMT
on Fridays, starting tomorrow.
- The Bank will conclude the reinvestment of the maturing March 2020 gilt on
Monday and then run operations on Tues/Wed/Thurs.
- It will vary the amount of operations "in response to market conditions and to
support market functioning" and buy gilts "at a materially higher pace than in
the recent past".

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