<p style=““ class=“text-align-justify“>If you recall, the panic was caused by the whole mini-budget fiasco involving Liz Truss and Kwasi Kwarteng. The BOE now says that it has completely unwound the £19.3 billion worth of long-dated and index-linked gilts, which was bought during that period.</p><p style=““ class=“text-align-justify“>This comes after another round of £7 billion sales via its regular operations earlier this week, before selling off the small residual amount through bilateral sales today.</p>
This article was written by Justin Low at www.forexlive.com.