Market news
17.10.2022, 07:06

BOE: Emergency bond-buying operations have enabled a significant increase in resilience of sector

The Bank of England (BOE) has issued a statement on end of gilt market operations.

Key takeaways

“As intended, these operations have enabled a significant increase in the resilience of the sector.”

“The temporary expanded collateral repo facility (TECRF), announced on 10 October, will remain available until its planned closing date of 10 November 2022.”

“Banks also have access to liquidity from the existing indexed long-term repo facility, the discount window facility and a weekly us dollar repo supported by international swap lines.”

“In addition, the bank makes available reserves via its short-term repo facility each week, designed to ensure short-term market rates remain close to bank rate.”

© 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.

AML Website Summary

Risk Disclosure

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.

Privacy Policy

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
Feedback
Live Chat E-mail
Up
Choose your language / location