BOE:

• Bank is continuing to monitor developments in conventional and index linked gilts markets of this week
• LDI (liability driven investment) funds are now significantly better prepared to manage shocks of this nature in the future
• Having conversations with LDI fund managers and other market participants as part of the banks regular market monitoring
• financial markets may remain volatile and coming weeks
• The recent episode in the gilt market underlines the broad necessity of ongoing work domestically and internationally to make progress on the regulation and monitoring of the non-bank financial institutions