Gilt repo - and beyond

Quarterly Bulletin 1996 Q3
Published on 01 September 1996

By Ian Plenderleith, Executive Director for Monetary Operations.

Ian Plenderleith, Executive Director for monetary operations praises the start of the gilt repo market in January 1996 and its subsequent steady and sustained pace of development. He also reviews the programme of reforms in the gilt market and describes the Bank’s current thinking about possible structural changes in the sterling money markets.

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