Bank Of England To Expand Asset-buying Program

By JULIA WERDIGIER and CARTER DOUGHERTY, New York Times
Thu, 05/07/2009 - 4:47am

The central bank said it would expand its program of purchasing corporate debt and government bonds by $75 billion and kept its key interest rate at 0.5 percent.

Sections: world business

Topics: asset-buying program bank of england banks corporate debt debt interest rate toxic assets

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