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The BOE purchases GBP1.5bln of medium-dated.....>

BOE
BOE: The BOE purchases GBP1.5bln of medium-dated gilts with an offer-to-cover of
4.44x.
- Previous offer-to-cover ratios previous first (2.51x, 3.24x, 3.17x, 4.08x)
- 1452.4mln of the 1.625% Oct-28 gilt
- 47.5mln of the 4.75% Dec-30 gilt
So the vast majority of purchases are of the 1.625% Oct-28 gilt. This had been
the case previously as it was already the most purchased gilt since the expanded
QE purchase was introduced.

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