BoE corporate bond purchases off to rapid start

The Bank of England in London
The Bank of England

The Bank of England (BoE) has already filled 10% of its quota for corporate bond purchases, despite being only a little more than two weeks into the 18-month programme.

Figures published on October 13 showed the BoE had bought a fraction over £1 billion ($1.2 billion) in corporate bonds since it started purchases on September 27, having held reverse auctions on eight days over the period.

Easing measures unveiled on August 4 included "up to" £10 billion of corporate bond purchases, alongside a

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