June 18, 2020 / 11:02 AM / 23 days ago

Bank of England raises bond-buying programme again to 745 bln pounds

LONDON, June 18 (Reuters) - The Bank of England increased its bond-buying programme to 745 billion pounds from a previous 645 billion pounds on Thursday.

The BoE also said it was keeping its benchmark interest rate at 0.1%.

A Reuters poll of economists had pointed to a 100 billion-pound increase in the asset purchase programme — which is spent mostly on British government bonds — and Bank Rate remaining at 0.1%.

Reporting by Andy Bruce and David Milliken William Schomberg

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