COVID-19 Corporate Financing Facility

From ACT Wiki
Revision as of 12:43, 23 March 2020 by 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)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Business continuity - pandemic - UK.

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


Resources for COVID-19

ACT technical - COVID-19

UK government: support for businesses

UK government: COVID-19 support hub

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=COVID-19_Corporate_Financing_Facility&oldid=7422’