# The Bank of England is leaving the UK bond market - and Britain's 30-year debt just cost more than at any time since 1998 | AInvest

> The UK government sold £4.25 billion of a 2056 gilt on 8 September at a yield of about 5.82%, the highest the Debt Management Office has paid on such a sale. The Bank of England's ongoing gilt sales, planned at £20 billion a year, are reducing its holdings of about £895 billion. Thirty-year gilt yields have reached their highest since 1998.

- Date: 2026-11-01 · published 2026-11-01T18:10:20.829Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/29781-the-bank-of-england-is-leaving-the-uk-bond-market-and-britain-s-30-year-debt
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Rising UK long-dated yields and a shift away from central bank bond buying tighten financial conditions and can influence sterling. Direct effects on feed commodity prices are limited.

## Sources

- ainvest.com: https://www.ainvest.com/news/bank-england-leaving-uk-bond-market-britain-30-year-debt-cost-time-1998-2611/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.