Day: October 11, 2022

Newsfeed: Bank of England intervenes in bond markets again, warns of ‘material risk’ to UK financial stability

Newsfeed: Bank of England intervenes in bond markets again, warns of ‘material risk’ to UK financial stability

The Bank of England on Tuesday announced an expansion of its emergency bond-buying operation as it looks to restore order to the country’s chaotic bond market. The central bank said it will widen its purchases of U.K. government bonds — known as gilts — to include index-linked gilts from Oct. 11 until Oct. 14. Index-linked gilts are bonds where payouts to bondholders are benchmarked in line with the U.K. retail price index.

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