WORLD Bank of England to start unlimited bond purchases to stabilize market

WORLD

Bank of England to start unlimited bond purchases to stabilize market

CGTN

18:58, September 28, 2022

File photo: CGTN

The Bank of England said on Wednesday that it would buy as many long-dated government bonds as needed between now and October 14 to stabilize financial markets, and added that it would postpone next week's start of its gilt sale program.

Source(s): Reuters

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue