Bank of England Mandates Banks for New Five Year Dollar Bond
The Bank of England has appointed four joint lead managers to execute a new benchmark five-year US dollar bond issuance to support its foreign exchange reserves.
By Orion Desk
The Bank of England has selected J.P. Morgan Securities, RBC Capital Markets, Merrill Lynch International, and Crédit Agricole CIB to manage the upcoming debt issuance. This operation represents the second benchmark transaction for 2026 under the institution's ongoing debt issuance programme.
Traders monitoring the sterling and dollar markets will note that this bond issuance is intended to finance the central bank's foreign currency reserves. The timing of the transaction remains subject to prevailing market conditions.
Originally published by Bank of England
Instruments mentioned
This material is provided for information only. It is not investment advice, not a recommendation, and not an offer to buy or sell any instrument. CFDs are complex instruments and carry a high risk of losing money rapidly through leverage. Consider whether you understand how they work and whether you can afford to take the risk.