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

FMs making 'incremental' progress on ESG integration

FMs making 'incremental' progress on ESG integration

EY report finds ESG integration has been a case of ‘evolution rather than revolution’

Martin Richmond
clock 09 July 2026 • 3 min read
Nest launches £200m VC sleeve with Schroders Capital

Nest launches £200m VC sleeve with Schroders Capital

Master trust will allocate £200m to build on existing private markets investment

Martin Richmond
clock 08 July 2026 • 4 min read
The hardest problem in finance is becoming pensions' defining challenge

The hardest problem in finance is becoming pensions' defining challenge

Hugh Cutler says there is not yet a settled industry answer to the decumulation challenge

Hugh Cutler
clock 07 July 2026 • 5 min read
Trustpilot