FILE PHOTO: A person walks past the Bank of England in the City of London financial district, in London, Britain, June 11, 2021. REUTERS/Henry Nicholls/File Photo
July 23, 2021
LONDON (Reuters) – The Bank of England said on Friday it would accept new green gilts which will be issued by Britain’s government later this year as part of its asset purchase programme and for other collateral and monetary policy purposes.
Britain’s government has said it will issue at least 15 billion pounds ($20.6 billion) of new debt this financial year which is specifically designed to capitalise on investor demand for bonds whose proceeds are ring-fenced for environmental investments.
($1 = 0.7283 pounds)
(Reporting by David Milliken; Editing by Kate Holton)
Source: One America News Network
