LONDON (Reuters) - The Bank of England said it bought 1.195 billion pounds ($1.33 billion) of long-dated government bonds on Friday at a daily operation designed to calm markets, down from 1.415 billion pounds on Thursday and well below its 5 billion pound maximum.
The BoE said on Wednesday it would hold daily reverse auctions to buy up to 5 billion pounds of bonds a day with maturities of 20 years or more until Oct. 14 in order to stem a slump in prices that threatened financial stability.
($1 = 0.9008 pounds)
(Reporting by David Milliken; Editing by William Schomberg)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 0.8578 GBX | +0.02% | +0.23% | - | ||
| 0.5223 GBX | +0.21% | +1.14% | - | ||
| 0.5854 GBX | +0.00% | +0.22% | - | ||
| 0.009582 GBX | -0.22% | 0.00% | - | ||
| 0.7991 GBX | -0.06% | -0.65% | - | ||
