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BOE Spokesperson Says Bond-Buying Program Still to End Friday
A Bank of England spokesperson reiterated Governor Andrew Bailey’s warning that the central bank will end its program of emergency bond purchases on Friday. The spokesperson said Bailey’s deadline remained in place in an emailed response to a request for comment on Wednesday. “My message to the funds involved and all the firms is you’ve got three days left now,” Bailey said at the Institute of International Finance annual meeting in Washington on Tuesday. “You’ve got to get this done.” The spokesperson declined to comment on an earlier Financial Times story that the BOE informed some lenders on ... (full story)