BoE buys file 2.38 billion kilos of gilts at reverse auction

BoE buys file 2.38 billion kilos of gilts at reverse auction


The Lender of England acknowledged a document total of gilts at a reverse auction on Wednesday.

Sopa Visuals | Lightrocket | Getty Photos

The Bank of England acknowledged all 2.3754 billion pounds ($2.63 billion) of long-dated conventional gilts which it was provided at its reverse auction on Wednesday, a record sum as the momentary purchase programme strategies its conclude.

The volume of gilts the BoE bought was the highest at any each day reverse auction because the programme started on Sept. 28, even though the full sum provided was perfectly underneath the 5 billion pounds which the BoE said it was ready to get.

Earlier on Wednesday the BoE reported it purchased 1.9798 billion pounds of index-joined gilts.



Source

Stock futures are little changed after Dow retakes 50,000: Live updates
World

Stock futures are little changed after Dow retakes 50,000: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were little changed on Thursday night after the Dow Jones Industrial Average reclaimed the 50,000 threshold, and the S&P 500 closed above 7,500 for […]

Read More
Asia markets mostly set to rise as investors watch second day of Trump-Xi summit
World

Asia markets mostly set to rise as investors watch second day of Trump-Xi summit

China’s President Xi Jinping (R) and US President Donald Trump visit the Temple of Heaven in Beijing on May 14, 2026. Xi warned Trump that the issue of Taiwan could push their two countries into “conflict” if mishandled, a stark opening salvo as a superpower summit set to tackle numerous thorny issues began in Beijing […]

Read More
SpaceX IPO prospectus could land as soon as next week, sources say
World

SpaceX IPO prospectus could land as soon as next week, sources say

Tesla and SpaceX CEO Elon Musk attends a state banquet for US President Donald Trump and China’s President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. Brendan Smialowski | Afp | Getty Images SpaceX, which confidentially filed for an IPO in April, is planning to disclose its prospectus […]

Read More