Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

BoE definition

The BoE is a popular shortening of the Bank of England, the central bank of the United Kingdom.

Like other major central banks such as the Federal Reserve (the ‘Fed’) or the European Central Bank (ECB), the BoE is referred to often enough to have gained an acronym. That is because of its importance in governing monetary policy, via the Monetary Policy Committee (MPC). It also has a Financial Policy Committee (FPC), instated to oversee Britain’s banks after the 2008 crash.

Established in 1694, the BoE is the world’s second-oldest central bank, after Sweden’s central bank, the Sveriges Riksbank.

The BoE’s policies for maintaining monetary policy after 2008 led to a record run of low base rates in the UK. Financial traders often pay significant attention to pronouncements from the MCP about base rates, as they will play out across financial markets in a big way. The MPC has also played a major role in the BoE’s quantitative easing (QE) policy.

Investing news

Visit our investing news section for the latest news and analysis, and where potential investment opportunities may lie.

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - Y

See all glossary trading terms

IG UK Contact us Terms and agreements Privacy IG Community Cookies

The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA, a SIPP or an IG Smart Portfolio can fall as well as rise, which could mean getting back less than you originally put in. Spread bets and CFDs are leveraged products and can result in losses that exceed deposits. Spread betting and CFD trading are not permitted within the IG SIPP. Please ensure you fully understand the risks and take care to manage your exposure.

iShares® and BlackRock® are registered trademarks of BlackRock, Inc. and its affiliates (“BlackRock”) and are used under license. Further, BlackRock, Inc. and its affiliates including, but not limited to, BlackRock Investment Management (UK) Limited, are not affiliated with IG Markets Limited and its affiliates. Accordingly, BlackRock makes no representations or warranties regarding the advisability of investing in any product or service offered by IG Markets Limited or any of its affiliates. BlackRock has no obligation or liability in connection with the operation, marketing, trading or sale of any product or service offered by IG Markets Limited or any of its affiliates.