BoE sells GBP 600mln in medium term Gilts; B/C 2.05x
Newsquawk Staff ·
BoE sells GBP 600mln in medium term Gilts; B/C 2.05x.
What it means
The Bank of England's sale of GBP 600 million in medium-term gilts, with a bid-to-cover ratio of 2.05x, indicates strong demand from investors. This likely reflects confidence in UK government debt amidst current market conditions, potentially impacting yield curves and overall risk sentiment in the fixed income space. It also suggests that the BoE is managing its balance sheet actively, which could influence future monetary policy considerations.
Sources
- US Market Wrap: Stocks gain as tech earnings begin
- Canadian PM Carney says he spoke to US President Trump on Wednesday for quite some time; he discussed a wide range of issues with US President Trump, including Iran
- Newsquawk European Market Wrap - 21st October 2026
- Canadian PM Carney is expected to announce tariff support measures for the steel and automotive sectors
- [MARKET ANALYSIS] DXY holds steady; AUD benefits after hawkish commentary from RBA's Hauser, whilst GBP digests UK CPI
Related headlines
- Newsquawk Daily US Opening News - 21st October 202612 hours ago
- [MARKET ANALYSIS] A relatively contained start for fixed, EGBs hit by TTF, Gilts weighed on by CPI13 hours ago
- US President Trump says on embassy staff told to depart, says don't know that they are; we continue to beat Iran1 hour ago
- US President Trump says he had a good meeting on cyber; On embassy staff told to depart, says don't know that they are1 hour ago
- US waives Russian diesel tax record requirements for buyers2 hours ago
- US President Trump says closest they've ever been to settling Ukraine/Russia war2 hours ago
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.67 LOWER AT 97.15/BBL; BRENT (X6) SETTLES USD 0.03 HIGHER AT USD 108.82/BBL3 hours ago
- Ukrainian President Zelensky says supports US proposal for trilateral talks at level of negotiators as soon as possible; Ukraine hopes for meeting not later than early November; Meeting could discuss peace and possible leaders’ summit3 hours ago
- [MARKET UPDATE] Risk-on trade seen at 12:39EDT/17:39BST with desks citing OFAC authorising offloading of some cargo involving some blocked vessels; Downside in oil, equity futures hit new session highs, gold and bonds rallied, while USD saw pressure5 hours ago
- Israeli helicopters flying in the sky of southern Syria, and continued transfer of military forces, equipment and deployment of early warning systems, are being carried out within the framework of preparation for a possible war with Iran, reports Mizan5 hours ago
- Russian Kremlin Aide Ushakov says the conflict in Ukraine is nearing an end, IFX reports7 hours ago
- Russia's Kremlin says US envoy Witkoff briefed Russian President Putin on his talks is Oslo and new approaches, but nothing of real use in context of a peace settlement8 hours ago
- Russia's Envoy Dmitriev says Russian President Putin's call with US Special Envoy Witkoff was productive, TASS reports9 hours ago
- US President Trump posts "the U.K. has started drilling in the North Sea, one of the greatest and most prosperous areas of OIL in the World. They should go FULL BLAST!"9 hours ago
- US President Trump posts "Numerous people, who requested that sanctions be immediately imposed on Russia, have called to apologize... they didn’t know that he was negotiating the release of Stephen Hubbard"11 hours ago