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Bank of England to stop selling 20- and 30-year gilts, Telegraph reports

The Bank of England (BoE) will stop selling 20- and 30-year gilts under plans to overhaul its debt sales, the Telegraph reported on Tuesday. The central bank is overhauling debt sales amid bond market turmoil, the newspaper said, adding that an announcement is expected on Thursday alongside its latest interest rate decision. The newspaper said, citing sources, that any final decision rested with…

Bank of England to stop selling 20- and 30-year gilts, Telegraph reports

We haven't written up this one. Business Recorder has the full story — the link below goes straight to it.

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