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Insurance Asset News
Fixed Income

Bank of England slows gilt unwind to zero by 2034 and pauses sales auctions

By IAN Editorial Desk
18 September 2026·2 min read
Primary source: bankofengland.co.uk

The £146bn of gilts marked for sale matures between 2035 and 2049, with the route to market under review.

The Bank of England’s Monetary Policy Committee voted unanimously to reduce the monetary-policy gilt stock to zero by the end of 2034 under a multi-year plan, unwinding it at an average of £46bn a year in total, of which £20bn a year is to come from sales and the rest from maturing gilts. The Committee took the decision at its…

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