Asset Purchase Facility
Corporate Bond

The objective of private sector asset purchases under the Asset Purchase Facility is to improve the liquidity in, and increase the flow of, corporate credit by making purchases of high-quality private sector assets including commercial paper and corporate bonds.

Through the Corporate Bond Secondary Market Scheme, the Bank will offer to make regular small purchases of a wide range of high-quality corporate bonds. The focus of the Scheme is to facilitate secondary market activity, to help to reduce liquidity premia on high-quality corporate bonds, and so remove obstacles to corporate access to capital markets.

Corporate bond reverse auctions usually take place on Tuesdays, Thursdays and Fridays between 11.00am and 11.30am.

Results

Market Notices

Market notices contain the operational details by which the Bank of England undertake the various facilities. They form part of the Legal Documentation.

Information for participants

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