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BOE Sets Rates for Commercial Paper Purchases Through APF
(CEP News) Frankfurt - The Bank of England has announced the rates it will pay for purchases of commercial paper made through the £50 billion Asset Purchase Facility.According to a report, the BOE will pay 75 basis points above the reference rate of 0.52% for commercial paper carrying a rating of A1. For commercial paper rated A2 and A3, the central bank will pay 125 basis points and 300 basis points above the reference rate respectively.Written by CEP News European
balance commercial us - boe announced commercial paper facility - boe apf
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