BoE’s Sarah Breeden outlines challenges in building resilient gilt repo market

20th July, 2026

Aravind Bulusu

The deputy governor for financial stability at the Bank of England (BoE) said active hedge funds have increased their footprint across the globe and became net cash borrowers due to their trading strategies, increasing the likelihood of distress that can trigger disruption in gilt markets.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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