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Bank of England to start unlimited bond purchases to stabilize market

CGTN

 , Updated 18:33, 31-Jul-2024
The Bank of England in London, UK, September 23, 2022.  /CFP
The Bank of England in London, UK, September 23, 2022. /CFP

The Bank of England in London, UK, September 23, 2022. /CFP

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
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