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The Bank of England said on Tuesday that its planned liquidity backstop for non-banks during market stress will initially target the UK government bond market, insurers, and pension funds,... -March 12, 2024 at 10:30 am EDT - MarketScreener
By Huw Jones LONDON (Reuters) -The Bank of England said on Tuesday that its planned liquidity backstop for non-banks during market stress will initially target the UK gilt market, insurers and pension funds, reflecting the recent crises in markets. A “dash for cash” when economies went into lockdown in March 2020 to tackle the COVID-19…