vendredi 30 septembre 2016

Bank of England to buy £10bn of Corporate Bonds

Quote:

On 4 August 2016 the MPC voted to increase the stock of purchases of UK government bonds by the APF to £435bn. In addition, the MPC voted to make up to £10bn of purchases of corporate bonds over 18 months.

In its website, the BoE sets forth its schedule as follows.
Quote:

Corporate Bond Purchase operations will commence on 27 September 2016. Operations will take place on Tuesdays, Wednesdays and Fridays between 11:00 and 11:45, or as set out in the Market Notice here.
http://ift.tt/2d0Fniq


Although it will only purchase bonds issued by corporates that supposedly make a material contribution to economic activity in the UK, many of the companies on their list include global foreign corporations such as AT&T, Apple, McDonalds and Nestle.
http://ift.tt/2d0Fqe7


via International Skeptics Forum http://ift.tt/2dbGONk

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