Threadneedle Street received a return of approximately 20pc from the buyers who paid £23bn to buy the bonds.
Bank of England raises interest rates to a fresh 14-year high to 3.5pc
The Bank of England announced its ninth consecutive increase in interest rates. This brings them to their highest level since before the global financial crisis.
Bank of England is expected to deliver its biggest rate increase in 33 years today
Analysts predict a 0.75 percentage-point increase, possibly the largest hike in base rate since 1989.
The US Federal Reserve and Bank of England will be in the investor spotlight this coming Wednesday and Thursday
They will provide commentary on expected further monetary tightening and reveal interest rate decisions, which have been the dominant influence on stock market behaviour this year.
Bank of England to hike by 75 bps on November 3rd or may go higher
Reuters polled economists over the past week to determine whether the Bank of England will increase interest rates by 75 basis points on November the third.
City of London Tries to Divert Tax Raid on Banks, Chancellor Jeremy Hunt’s claim that “nothing is off the table”
As the UK seeks to plug its funding gap, there are growing concerns in London regarding higher taxes being imposed upon banks.
The Bank of England issued a new statement: Bond buying will end on Friday
The Bank of England issued a new statement, confirming Andrew Bailey’s remarks last night about its end of support for pension funds on Friday.
The Bank of England on Thursday is poised to make the biggest rate rise in 33 years
Expect bills to soar as Bank Rates could reach 4.5pc next Year.
Why cash-rich UK banks won’t pass on rate rises to savers
Analysts say banks with ample liquidity will not offer higher interest rates to savers.
Inflation in the UK reaches 10%, its highest level since 1982
Official figures revealed Wednesday that the British consumer price inflation rose to 10.1% in July. This is its highest level since February 1982. It was 9.4% in June.
The Bank of England has announced its biggest interest rate rise in 27 years.
To keep inflation under control, policymakers increased interest rates by 0.5% to 1.75% on Thursday. This was in an effort to maintain a lid on inflation which is expected to