By Chris Giles, Economics Editor Published: June 8 2009 13:02 | Last updated: June 8 2009 13:04 Companies will soon be able to offload high-quality short-term debt on to the Bank of England, which announced on Monday it planned to extend itsAsset Purchase Facility to forms of working capital. The Bank said it would begin a rapid consultation on purchasing commercial paper backed by assets such as trade receivables, equipment leases and short-term credit to consumers for uses such as credit cards and short-term loans.Bank of England to extend quantitative easing
Wednesday, 10 June 2009
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