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. |
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.
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