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| ''Bank of England''
| | An act of bribery to elicit favourable behaviour or performance. |
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| (CBPS).
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| A scheme for Bank of England to buy certain eligible corporate bonds under the Asset Purchase Facility.
| | ==See also== |
| | * [[ACT Ethical Code]] |
| | * [[Serious Fraud Office]] |
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| | | [[Category:Ethics]] |
| The purposes of the CBPS include providing monetary stimulus by lowering the yields on corporate bonds, thereby reducing the cost of borrowing for companies; and by stimulating new issuance of corporate bonds.
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| Bonds eligible for the scheme include ones issued by non-financial businesses which make a 'material contribution to economic activity in the UK'.
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| Bonds issued by banks, building societies and insurance companies are not eligible.
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| The CBPS was launched in 2016, for an initial period of 18 months.
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| == See also ==
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| * [[Asset Purchase Facility]]
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| * [[BEAPFF]]
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| * [[Bond]]
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| * [[Issuance]]
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| * [[Yield]]
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Revision as of 16:23, 10 February 2015
An act of bribery to elicit favourable behaviour or performance.
See also
