Bank of England opens non-bank lending facility for gilt holders

Facility will only be activated during episodes of ‘severe gilt market dysfunction’

Jonathan Stapleton
clock • 2 min read
The BoE’s CNRF will lend to participating insurance companies, pension schemes and LDI funds during episodes of severe gilt market dysfunction
Image:

The BoE’s CNRF will lend to participating insurance companies, pension schemes and LDI funds during episodes of severe gilt market dysfunction

The Bank of England (BoE) has opened its contingent non-bank financial institution repo facility (CNRF) for applications.

The central bank said the new facility – which will only be activated during episodes of "severe gilt market dysfunction" – will lend to participating insurance companies, pension schemes and liabi...

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

Partner Insight: Learning from global leaders in lifetime income

Partner Insight: Learning from global leaders in lifetime income

Sophie Ballard, Head of UK Institutional @ Nuveen
clock 30 October 2026 • 4 min read
Partner Insight: Five forces shaping the data centre investment landscape

Partner Insight: Five forces shaping the data centre investment landscape

From AI and cloud demand to power constraints, five structural forces are reshaping data centre investing.

Principal's Global Data Centre Team
clock 30 October 2026 • 6 min read
Mixed concern over tax relief being used as a 'backdoor' to UK investment

Mixed concern over tax relief being used as a 'backdoor' to UK investment

PP survey finds mixed opinion on whether tax relief changes could be used to mandate UK investment

Martin Richmond
clock 27 October 2026 • 2 min read
Trustpilot