The Bank of England in London.
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The Bank of England accepted all 2.3754 billion pounds ($2.63 billion) of long-dated conventional gilts which it was offered at its reverse auction on Wednesday, a record sum as the temporary purchase programme approaches its end.
The volume of gilts the BoE bought was the highest at any daily reverse auction since the programme started on Sept. 28, although the total sum offered was well below the 5 billion pounds which the BoE said it was prepared to buy.
Earlier on Wednesday the BoE said it bought 1.9798 billion pounds of index-linked gilts.