So far so good — BoE’s first Gilt auction almost 3.26 times covered
![Bank of England BOE_alamy_1Nov22](https://assets.euromoneydigital.com/dims4/default/1758b00/2147483647/strip/true/crop/5964x3976+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Ff7%2Faa%2Fa7dfcca744ae882e7053c843f387%2Fbank-of-england-boe-alamy-1nov22.jpg)
In a historic move, the Bank of England has started outright sales of its vast stock of Gilts
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