- Analytics
- News and Tools
- Market News
- BoE accepts 3.120 billion GBP of offers in index-linked gilt purchase
BoE accepts 3.120 billion GBP of offers in index-linked gilt purchase
The Bank of England (BoE) accepted 3.120 billion sterling of offers in the second daily purchase operation of index-linked gilts, Reuters reported on Thursday.
The BoE rejected 56.4 million sterling of offers in the same operation.
Market reaction
The 2-year UK gilt yield is down more than 4% on the day at 3.83% after this development. The GBP/USD pair was last seen trading at 1.1205, rising 0.9%. Meanwhile, market participants keep a close eye on headlines surrounding the potential adjustments to the UK mini-budget.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
