BoE: Enhancing the resilience of the gilt repo market

Further to its September 2025 discussion paper, BoE has now published a feedback statement which includes information on next steps.  Amongst other matters, BoE will continue to consider potential reforms to enhance the resilience of liquidity provision in stress, continuing to work in collaboration with FCA, and ill also explore changes in market structure that would support more prudent risk management practices and margining in the non-centrally cleared gilt repo market to enhance system-wide resilience.