Bank of England expands scope of daily intervention

The Bank of England has announced that it will expand the scope of its daily bond purchases The Bank of England is expanding the scope of its bond operations. The bank will expand the scope of its daily bond purchases to include purchases of index-linked bonds. According to a statement from the bank, the additional operations will provide “further leverage to re-establish orderly market conditions.” In a statement on Monday, the bank announced a series of measures to ensure that the temporary bond purchases, which are set to end on October 14, end smoothly. Accordingly, the bank offered to purchase up to £40 billion of bonds in an eight-day auction until Monday and purchased around £5 billion of bonds.