APF corporate bond sales to begin in w/c 26 September 2022

In light of the revised timing of the September MPC meeting, sales of APF corporate bonds via auctions will now start one week later than previously announced, with the first operation to be held on Tuesday 27 September 2022. The Bank will stand ready to conduct bond buybacks during specified execution windows from the week beginning 24 October 2022.

The Bank will publish an updated list of ISINs available for sale on the Bank's website at 3pm on Thursday 22 September 2022, and every fourth Thursday thereafter.

The sales programme will pause on 15 December 2022 for four weeks, restarting sales in the week beginning 16 January 2023.

All other operational details as published in the Market Notice on 18 August 2022 remain unchanged.

The Bank will announce any further changes to its operational schedule in due course.