Sun, Dec 04, 2022 @ 14:27 GMT
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BoE Ramsden: Gilt operation strictly time limited

BoE Governor Deputy Governor Dave Ramdsen reiterated in a speech that the target gilt purchases announced this week, after severe repricing of assets, are “strictly time limited until 14 October”.

“They are intended to tackle a specific problem in the long-dated government bond market,” he added. “The purchases will be unwound in a smooth and orderly fashion once risks to market functioning are judged to have subsided.

Full speech here.

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