The amount doubled. The share held. — 2 September 2026

The Bank of England now lends about £17.8bn against its broadest collateral tier — double a year ago, with the share of the facility unchanged at roughly a fifth to a quarter. Why a central bank's eligibility list is a price signal for everyone who holds the same paper. Also: the day Hormuz strikes met a 3% JGB and the market sold duration, not safety; CPP's week of repeat-relationship commitments; SB Energy's $439bn backlog; and Nicolai Tangen on whether the fund could disappear. Full brief: https://www.universalassetowners.com/intelligence/uao-daily-brief-2026-09-02/