The Old Lady is really ramming it down our throats now..
Headlines crossing the Reuters terminal:
- BANK OF ENGLAND SAYS TEMPORARY GILT PURCHASES WILL END ON OCT 14
- BEYOND 14 OCTOBER, A NUMBER OF FACILITIES, INCLUDING THE NEW TECRF, ARE IN PLACE TO EASE LIQUIDITY PRESSURES ON LDIS
- THE GOVERNOR CONFIRMED THIS POSITION YESTERDAY, AND IT HAS BEEN MADE ABSOLUTELY CLEAR IN CONTACT WITH THE BANKS AT SENIOR LEVELS.
- THE BANK HAS MADE CLEAR FROM THE OUTSET, ITS TEMPORARY AND TARGETED PURCHASES OF GILTS WILL END ON 14 OCTOBER