Bank of England to begin corporate bond purchases this month

Mubasher: The Bank of England will begin a corporate-bond buying program on 27 September to boost the UK economy.

The program stands at a total value of GBP 10 billion ($13 billion), according to a statement.

The 18-month program will cover sterling bonds from investment-grade non-financial issuers based in the Kingdom or with sizable operations in the country.

Mubasher Contribution Time: 13-Sep-2016 16:00 (GMT)
Mubasher Last Update Time: 13-Sep-2016 16:00 (GMT)