Legal News

Bank of England further expands £65bn gilt buy to stave off fire sale

Published on: 12 October 2022
Published by a Law360 reporter

Article summary

Law360: The Bank of England (BoE) said on 11 October 2022 that it will step up its £65bn bond-buying operation to cut the risk of a 'fire sale', which could put pressure on pension funds amid a 'material risk' to UK finances.

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