Solely aggregation of news articles, with no opinions expressed by this service since 2009 launch on this platform. Copyright to all articles remains with the original publisher and HEADLINES ARE CLICKABLE to access the whole article at source. (Subscription by email is recommended,with real-time updates on LinkedIn and Twitter.)
Thursday, 12 March 2009
Stampede to sell UK gilts
Investors flocked to sell government bonds to the Bank of England as it launched an unprecedented programme to expand the money supply. The success of the Bank’s so-called reverse auction, in which investors sell their bonds rather than buy them from the authorities, augurs well for the Bank’s historic quantitative easing move to buy up to £75bn in gilts over the next three months.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment