The February value for non-residents’ sales of gilts of £7.6 billion was incorrect and has been revised to purchases of £5.8 billion.
As a result, the March data (published 1 May 2015) has also been revised from purchases of £28.2 billion to purchases of £14.8 billion.
The quarterly net flow of non-residents’ purchases of gilts remains unchanged at £14.6 billion for Q1 2015. The stock is also unaffected.
Purchases by UK monetary financial institutions and other UK private sector holders will be updated accordingly. The total purchases across these three sectors are unchanged, at £3.5 billion in February and £9.0 billion in March.
The Bank of England’s Bankstats web pages and Statistical Interactive Database will be updated later this evening to reflect these corrected values.