BoE's QE operation falters as investors refuse to part with bonds

clock • 2 min read

The Bank of England's latest bond-buying programme has hit a wall on its second day of operations as investors refuse to sell their long-dated government bonds.

Pension funds and insurance companies - which tend to invest in long-dated UK bonds to match their liabilities - rejected the central bank's attempt to buy £1.2bn of long-dated gilts despite receiv...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Infrastructure investment boosts pension saver sentiment, research shows

Infrastructure investment boosts pension saver sentiment, research shows

Investment firms say member engagement could boost support for productive investment

Alex Levy
clock 18 September 2026 • 2 min read
Bank of England holds rates at 3.75%; announces APF wind-down plan

Bank of England holds rates at 3.75%; announces APF wind-down plan

MPC tweaks QT programme and sets out plan for APF

Michael Nelson and PP Staff
clock 17 September 2026 • 3 min read
Insurers invest £22.8bn towards UK productive assets since 2024 pledge

Insurers invest £22.8bn towards UK productive assets since 2024 pledge

Update marks one fifth of the way to the total pledged by the industry

Alex Levy
clock 15 September 2026 • 2 min read
Trustpilot