As of Thursday evening

Risk of £50bn bond sale sparked emergency Bank of England move


"The Bank emergency intervention is due to end next week and it has so far bought a fraction of the government bonds it could have, spending just £3.7bn.

On Thursday, the Bank said it would wind down its bond buying in "a smooth and orderly fashion" once it felt the market was functioning normally again.

The Bank also said it is working with the UK's pensions and financial regulators to make sure that that investment strategies used by certain types of pension schemes can withstand market volatility."


It just goes to remind us about the dodgy world of banking, finance, investment etc.

From the Financial Times

LDI: the better mousetrap that almost broke the UK