Free Trial

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

BOE
BOE: The BOE purchases GBP1.5bln of short-dated gilts with an offer-to-cover of
4.09x.
- Previous offer-to-cover ratios previous first (4.11x, 3.69x, 2.44x, 2.69x)
- 275.1mln of the 2.25% Sep-23 gilt
- 78.0mln of the 1.00% Apr-24 gilt
- 168.5mln of the 2.75% Sep-24 gilt
- 978.3mln of the 2.00% Sep-25 gilt
Note that the 1.50% July-26 gilt is no longer eligible for purchases as the
Bank's holdings are now over 70% of the free float.

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.