The Bank of England detailed its QT unwind plan, including holding £222bn of gilts maturing before 2035 and £120bn maturing 2049-2071 to maturity, with long-dated gilts held in the APF for banknote backing.
FirstSquawk09/17, 06:06 PM
- £20 BLN
- £19.5 BLN
- £222 BLN
- £120 BLN
Figures as quoted by FirstSquawk
Related assets
Coming up for GBP/USD
Explore next
Latest GBP/USD news
FirstSquawk10/23, 06:23 PM
FirstSquawk10/23, 06:21 PM
FirstSquawk10/23, 03:30 PM
UK Services PMI for October rose to 53.1, above the 51.8 expected.