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Expansion of eligibility of securities guaranteed by UKEF as collateral in the Bank's facilities
UK Export Finance-guaranteed debt capital market notes issued under pro forma documentation and processes that have been agreed between UKEF and the Bank of England will be eligible for the Bank of England’s Sterling Monetary Framework.
Published on
07 April 2014
The Bank also expects to be able to agree processes with UKEF that will allow future UKEF-guaranteed loans to be made eligible in SMF.