FCA probes claims of gilt auction-rigging

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The Financial Conduct Authority (FCA) is looking into claims traders intentionally pushed up the price of government bonds before attempting to sell them to the Bank of England (BoE) in 2011.

Paul Fisher, BoE executive director for markets, said the regulator was examining suspicious movements in the price of a 2017 bond auction, where the Bank was looking to buy billions of pounds of g...

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