The Bank of England has published the list of corporate bonds it will buy next week when it begins its latest policy to bolster the UK economy in the aftermath of the EU referendum.
The scheme, which starts on Tuesday, will involve buying £10bn of corporate bonds over the next 18 months to help lower the cost of financing for UK companies, reports Gavin Jackson in London.
Purchases will be carried out through three “reverse auctions” held on Tuesday, Wednesday and Friday
On each day it will buy from specific sectors.
Next week the bank will begin with the bonds of energy, transport and water businesses, followed by consumer-focused companies on the Wednesday and then, on the Friday, electricity and gas outfits.
The list, which is available here, includes bonds sold by foreign companies such as Apple, Daimler and General Electric as well as UK-based companies including Vodafone and GlaxoSmithKline.