COVID-19 Corporate Financing Facility: Difference between revisions
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imported>Doug Williamson (Create page. Source: UK government webpage https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses#support-for-larger-firms-through-the-covid-19-corporate-financing-facility) |
imported>Doug Williamson (Add abbreviation.) |
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(CCFF). | |||
Under the COVID-19 Corporate Financing Facility, the Bank of England will buy short term debt from larger companies. | Under the COVID-19 Corporate Financing Facility, the Bank of England will buy short term debt from larger companies. | ||
Revision as of 13:54, 23 March 2020
Business continuity - pandemic - UK.
(CCFF).
Under the COVID-19 Corporate Financing Facility, the Bank of England will buy short term debt from larger companies.
This will support companies affected by a short-term funding squeeze, and allow them to finance their short-term liabilities.
It will also support corporate finance markets overall and ease the supply of credit to all firms.
All UK businesses are eligible.
The scheme will be available early in the week beginning 23 March 2020.
See also
- Bank of England
- British Business Bank
- Business continuity plan
- Contingency plan
- COPD
- Coronavirus
- Coronavirus Business Interruption Loan Scheme
- Coronavirus Job Retention Scheme
- COVID-19
- Disaster recovery planning
- Financial stability
- Her Majesty’s Revenue & Customs
- Liquidity management
- WFH
