British Bank of UK!Push 65 billion yuan to buy a debt purchase plan, but IMF is said to be "no targeted"

Zhongxin Jingwei, September 29. According to the British Bank of England's Bank of England, on the 28th, local time, the Bank of England announced that emergency measures stabilized the British financial market and will temporarily purchase long -term government bonds from the same day.

Photo Source: British Central Bank website

Specifically, the Bank of England emphasized in the statement that it will temporarily purchase British long -term government bonds for "any necessary scale" to restore financial stability.

The Bank of England said that about 65 billion pounds of long -term government bonds will be purchased in the next two weeks to curb the recent decrease in British financial assets. At the same time, its plan to reduce the holdings of pound bonds is not affected. However, in view of the current market environment, the plan to start the sale of long -term British bonds scheduled to sell long -term British bonds will be executed on October 31 next week.

Affected by this news, the US dollar index fell sharply on the 28th, and the US dollar index of the US dollar fell 1.31%on the day of the US dollar index, and closed at 112.6080 at the end of the foreign exchange market. In addition, due to the decline in the US dollar index, the international gold price rose 2.07%from the previous trading day to close at $ 1670 per ounce.

At the same time, Britain's long -term national bond yield fell. As the British bond market benchmark, British 10 -year Treasury yields fell about 43 basis points to 4.072%, while British 30 -year Treasury yields fell 100 basis points to 3.993%.

The major European stock index rose across the board, and the German DAX index rose 0.36%to 12183.28 points; the French CAC40 index rose 0.19%to 5765.01 points; the British FTSE 100 index rose 0.3%to 7005.39 points.

However, the International Monetary Fund (IMF) criticizing these measures is "no targeted", which may not only exacerbate British inequality, but also destroy monetary policy.

Reuters reports that AMUNDI, the largest asset management company in Europe, believes that British assets will suffer more losses and Britain's fiscal reputation is at stake.

Dongzhi Futures also said that the Bank of England's temporary purchase of long -term government bonds shows the rise in market stability.

Earlier, on September 22, the Bank of the United Kingdom announced that it raised interest rates 50 basis points to increase the policy interest rate from 1.75%to 2.25%. On the 23rd, the British government also announced the most aggressive tax reduction plan since 1972, including the cancellation of the company's tax to 25%, the maximum tax rate of 45%, the significant reduction of stamp duty, etc. Essence (Zhongxin Jingwei APP)

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