Bank of England Doubles Bond Buying Limit

Bank of England Doubles Bond Buying Limit
The Bank of England, in London, England. Yui Mok/PA Media
|Updated:

The Bank of England (BoE) will double the amount of government bonds it can buy daily before the buy-back programme ends on Friday, the central bank said on Monday.

Between Monday and Friday, the bank will offer to buy up to £10 billion ($11 billion) of gilts per day, up from the previous limit of £5 billion ($5.5 billion) per day.

Lily Zhou
Lily Zhou
Author
Lily Zhou is an Ireland-based reporter covering China news for The Epoch Times.
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