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BoE says report of another delay of its bond sales is 'inaccurate'

Financial Times said the BoE was likely to push back the start of its quantitative tightening gilt sales from a scheduled date of Oct 31, having already delayed it from Oct 6

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Reuters LONDON
The Bank of England said on Tuesday it had not decided to delay again the start of its sales of government bonds after the Financial Times reported that another postponement was likely because of the recent turmoil in British markets.
 
The newspaper said the BoE was likely to push back the start of its quantitative tightening (QT) gilt sales from a scheduled date of Oct. 31, having already delayed it from Oct. 6.
 
The FT said it had learned that top officials at the BoE had decided that a delay was likely after judging the gilts market to be "very

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First Published: Oct 18 2022 | 8:07 PM IST

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