Thursday, August 13, 2009

A way of looking at the volume of quantitative easing



a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj14DfF773840ttV0VsoNu4lWEk5347D6l6JEd-gVzqes5ONDK2t8N9ugAXzEMQvtzORZ56E4ig452d9-2t_rZ3HfwGonqZQHuENw01mc7D7BPgwQrOBDl0Mu7v2r9W5spOXpT1RvoveLXR/s1600-h/money.jpeg"img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 135px; height: 101px;" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj14DfF773840ttV0VsoNu4lWEk5347D6l6JEd-gVzqes5ONDK2t8N9ugAXzEMQvtzORZ56E4ig452d9-2t_rZ3HfwGonqZQHuENw01mc7D7BPgwQrOBDl0Mu7v2r9W5spOXpT1RvoveLXR/s320/money.jpeg" alt="" id="BLOGGER_PHOTO_ID_5366890678668816370" border="0" //abr /br /There has been discussion about quantitative easing - the Bank of England using its powers to buy up gilts. A friend of mine pointed me to a href="http://av.r.ftdata.co.uk/lib/inc/getfile/12126.jpg" this page /a which seems to show that, for certain categories of gilts, the Bank of England owns most of the stock.br /br /71% of those with a maturity date of 7/3/2022 seem to be in the hands of the Bank. By contrast, only 20% of those with a 2025 maturity date seem to be owned by the Bank of England.div class="blogger-post-footer"img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/38622711-707656674953470442?l=vinospoliticalblog.blogspot.com'//div

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