Football stadiums to airlines: BoE reveals commercial paper holdings
Central bank has taken on exposures to a wide range of businesses – including polluters
The Bank of England has revealed a list of 53 firms whose debt it has bought as part of its Covid Corporate Financing Facility (CCFF), including firms that arguably clash with the central bank’s efforts to promote its green credentials.
The emergency facility was launched to tackle the economic impact of the coronavirus, helping large, investment-grade firms “bridge” the period of economic disruption by buying their commercial paper.
The BoE’s disclosures, which will now take place on a weekly
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