BOE to Reinvest Maturing Gilts as QE Held at 375 Billion Pounds

BOE to Reinvest Maturing Gilts as QE Held at 375 Billion Pounds

Chris Ratcliffe/Bloomberg

The Bank of England will reinvest the first gilts to mature since it started its asset-purchase program four years ago as it sustains stimulus for an economy in a “slow” recovery.